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Kadirmat M. is a 48-year-old farmer who lives in Ozgorush Village, in northwest Kyrgyzstan. He is married and has four children. Kadirmat worked as a driver but his salary didn’t cover all the expenses of his large family. That’s why Kadirmat decided to begin his business in animal breeding and land cultivation. As a very purposeful and positive person, Kadirmat has worked hard to support his family. The desire to support his family led him to obtain two loans from “Bai Tushum and Partners”, which were repaid without any delays. The revenue from these activities allowed him to purchase two cows and 15 sheep.

Now Kadirmat plans to use this loan of KGS 75,000 to buy five bull-calves for fattening and reselling. In the future, Kadirmat plans to provide higher education for his children. Also, Kadirmat wants to buy a minivan in order to help his elder son to start his own business in transportation.

Bai Tushum and Partners uses Kiva funding to target especially vulnerable people. Bai Tushum and Partners is one of the leading Microfinance Institutions in Kyrgyzstan. As a reliable financial partner, Bai Tushum contributes to the economic development of the Kyrgyz Republic through the delivery of microfinance services in rural and urban areas that lead to increased employment and meet the interests of its clients and investors.

Additional Information

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.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 41
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,530,050
    Funds lent in using Kiva
  • 46.9
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Kadirmat to purchase cattle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 16, 2010
Sep 14, 2010
Currency Exchange Loss:
Mar 15, 2012