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Gulmira A. is 40 years old and widowed. She lives with her daughter’s family in Novonikolaevka village.
In 1990, at the age of 20, Gulmira got married and became the mother of one daughter. Unfortunately, after seven years of happy marriage, her beloved husband died in car accident. In order to find means of subsistence for her small family, Gulmira started her business in cattle breeding. Using the money she had earned, in 2008 she bought a house in Novonikolaevka village with derelict grape bushes. As Gulmira had always dreamed to be engaged in land cultivating, she decided to revive a beautiful grape garden. Today, her garden consists of more than 200 bushes of grape in 11 different sorts. Such an assortment allows Gulmira to earn about more than 4,500 KGS in a month.
Now, in order to buy chemicals to manure land and get the system flowing, Gulmira has applied for a loan of 50,000 KGS. With the revenues, she plans to scale up her cultivated land and enlarge the number of grape bushes. In the future, Gulmira wants to help her daughter buy a flat in Karabalta town.
Bai-Tushum and Partners uses Kiva funding to target the especially vulnerable population. Bai-Tushum and Partners is one of the leading Micro-finance Institutions in Kyrgyzstan. As a reliable financial partner, Bai-Tushum contributes to the economic development of the Kyrgyz Republic through the delivery of micro-finance 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
  • 54
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,897,275
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Gulmira to purchase chemicals to manure land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jan 22, 2011
Mar 1, 2011
Currency Exchange Loss:
Feb 15, 2012