Funded

Total loan: $2,225
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Narynbek


A loan of $2,225 helped to purchase two horses.


Narynbek's story

Narynbek is 51 years old, married and has five children. He is an economist by profession and spent his working career from 1976 through 1992 at the local collective farm. Their father's vision and his active and fruitful work inspired Narynbek's children to obtain a higher education. Two of his children - daughter Janyl and son Kutman became economists, and two other sons, Azamat and Jamanak, and daughter Aida became certified linguists. Due to the fall of the collective farm system. Narynbek decided to start his own business of animal husbandry. Persistent and tenacious Narynbek was able to develop his business to include 10 cows, 7 horses and 5 goats today. In order to further expand his business, Narynbek went to the "Bai-Tushum and Partners" company to request a loan in the sum of 100,000 som (KGS) to buy two horses. He will invest part of the income into a purchase of a house, thus helping his daughter to buy her own place. In the future, Narynbek plans to further increase livestock headcount.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

26 months
Disbursed date: August 17, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 17, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC