A loan of $2,725 helped to purchase cattle.

Jusup's story

Jusup is a 44-year-old farmer from the village of Ortosuu. He is married and has three children. Jusup is an active participant in various activities in his native village, and the villagers describe him as a respectable, hardworking, and friendly person. Fifteen years ago with start-up capital amounting to 100,000 som (KGS), Jusup started his business buying, breeding, and selling livestock. Today, his farm has five cows and 29 sheep. His monthly income is about 10,000 som (KGS). An additional source of family income is an orchard whose produce Jusup sells in the local market.

To further develop his business, Jusup turned to Bai Tushum and Partners for a loan in the amount of 120,000 som (KGS). In the future, with the help of the loan, Jusup plans to pay his children's tuition to a prestigious university.

ZAO MFK Bai Tushum & Partners provides loans through Kiva for socially vulnerable population regions. ZAO MFK Bai Tushum & Partners is one of the leading micro financing organizations in Kyrgyzstan. Bai Tushum & Partners is a reliable financial partner which makes an impact in development of the economy in the Republic of Kyrgyzstan, provides affordable micro lending services in the rural towns and cities, helps to create jobs and is responsible for the interests of their clients and investors.

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Translated from Russian by Kiva volunteer Melissa Kniazeva

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