Funded

Total loan: $2,125
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Temirbek


A loan of $2,125 helped to purchase cattle.


Temirbek's story

Temirbek T. is a 41-year-old farmer. He has a very tight-knit family with four children of school age. In order to support his family, Temirbek decided to start his own business in cattle breeding. Owing to his persistent, hardworking personality, Temirbek, with starting capital of 5000 KGS, managed to multiply his investments and now earns about 3000 KGS in a month at his farm with four cows, five goats and four horses. Temirbek plans to use the loan of 100000 KGS to expand his farm by buying four bull-calves for fattening and reselling. With the revenues from the loan, he plans to pay for the education of his children and broaden his business by purchasing more cattle.

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. Bai-Tushum and Partners uses Kiva funding to target the especially vulnerable population.



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2010
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2010
Facilitated by Field Partner: Bai Tushum Bank CJSC