K. Nurlan Manapovich was born in Orlovka village (Kemin region) where he still lives at the moment. He’s 37 years old. After graduating from school he went into the army. After this, he married Kanaeva Raihan, with whom he has four children: three daughters of school age and a little son who is only one and a half years old. Nurlan works as a security guard in the Altynken goldmine. Nurlan’s spouse is a housewife.
Since Nurlan is the only breadwinner in a large family, being a hard-working, responsible and enterprising man, he decided to open up a small shop in his garage three years ago. The garage was refurbished into a shop within one week. With a part of his salary of 3,000 Kyrgyz Soms, Nurlan bought groceries. The range of products in his corner shop was not sufficient, and after thinking for a while and considering all the risks, Nurlan got his first loan from Bai Tushum & Partners. Thus, he could widen the range of products and his shop, which he runs with his wife and older children (in their spare time), allows them to earn some extra money. The shop is open 24/7 and Nurlan has his permanent customers, to whom he gives some discounts and, in case of need, lends goods.
About one month ago, Nurlan’s shop was robbed. More than half of the goods (with a value of 50,000 Kyrgyz Soms) and the sale proceeds of a whole day were stolen. It was a big loss for Nurlan, but he quickly gathered his courage again. In view of the importance of the additional revenue from the shop for his family, Nurlan wants to obtain a loan of 40,000 Kyrgyz Soms to restock his shop with products.
The most important thing for Nurlan is his family; he wants to provide his children with a good education. This in turn will allow them help advance their country and their people.
About Bai Tushum Bank CJSC
Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.