A loan of $1,600 helped to purchase cattle.

Kerimbubu's story

Kerimbubu is 61 years old and married with two children. Kerimbubu graduated from the Frunze Financial and Economic College and worked in an accounting department for a long time as a cashier. In 1999, in order to find an additional source of income for her family, the client began to work in farming and animal husbandry. Now the family has a milk cow, one calf, and ten sheep. Also Kerimbubu has seven hectares of irrigated land which she has sown with perennial grasses and beans. Two years ago, Kerimbubu asked Bai Tushum and Partners for a loan of 50,000 som (KGS), which she paid off with no problems. To further development her business, Kerimbubu requests a loan of 70,000 som (KGS) to increase her livestock for resale.

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

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Translated from Russian by Kiva volunteer Melissa Kniazeva

Loan details

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Loan details