A loan of $1,700 helped to purchase cattle.

Temirbek's story

Temirbek M. is 48 and married with seven children. He has worked as a veterinarian in his local are for a long time and has wide experience. In 1994, after the breakup of the Soviet Union, Temirbek decided to start his own cattle-breeding business. Starting with the sum of 40,000 KGS, he has expanded his livestock to twenty sheep, two cows, and one horse, from which he gets a monthly profit of 4,000 KGS. Temirbek uses the revenue from his business to pay for the education of his elder children.

Temirbek has taken out two previous loans from Bai Tushum and Partners to develop and improve his farm. These loans were used as intended and repaid on time. With his third loan of 80,000 KGS Temirbek will purchase calves and bull calves. With the revenue from his loan he will rebuild and improve his cattle barn.

About Bai-Tushum and Partners:

Bai-Tushum and Partners uses Kiva funding to target especially vulnerable populations. It 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.

Loan details

Lenders and lending teams

Loan details