Funded

Total loan: $1,350
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Maksat


A loan of $1,350 helped to expand merchandise assortment and to buy parts for glasses repair.


Maksat's story

Maksat is 32 years old, married and is a loving father of two daughters, who are three and one years old. Maksat has a secondary-specialized education in the pharmacy business. He decided to open his own business of selling and repairing glasses frames and glasses in 2007, using a a starting capital of 20,000 som (KGS). Today, Maksat has equipment needed for repairing glasses and has a goods turnover of 20,000 som (KGS) that yields an income of about 15,000 som (KGS) per month. In order to further develop his business, Maksat requested a loan in the sum of 60,000 som (KGS) from the "Bai-Tushum and Partners" company to expand his goods assortment and buy parts for glasses repair. He plans to use the income from the loan to buy ophthalmology equipment for determining eyesight. In the future, Maksat plans to save money to buy his own apartment.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

14 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC