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Askar is 57 years old, married and has three children. Askar has worked as a school teacher for a long time and is known as an honest and kindhearted man. His experience and dedication has allowed Askar to become the director of the Oi-Bulak school. To supplement his family income Askar has also started a livestock raising and feeding business in 1991. He started his business with 18,000 som (KGS) and currently his business is making a profit of 15,000 som (KGS monthly. His business' profit Askar has allocated towards improving his children's education. To further improve and expand his livestock business, Aksar has turned to "Bai-Tushum and partners" for a loan of 120,000 som (KGS) which he will use to buy more cattle. Askar is planning to use the profit from the loan to further expand his herd and repair the barns.
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Аскару 57 лет, женат и имеет 3 детей. Аскар долгое время работал учителем в школе и известен как принципиальный, честный и добросердечный человек. Большой опыт и преданность своему делу позволили Аскару стать директором средней школы села Ой-Булак . В поисках дополнительного источника дохода для своей семьи, в 1991 году Аскар начал свой бизнес в откорме и перепродаже скота. Стартовав с 18,000 сом (KGS), на сегодняшний день его хозяйство приносит ежемесячную прибыль в сумме 15,000 сом (KGS). Доходы от бизнеса Аскар вложил в оплату за образование своих детей. Для дальнейшего развития своего хозяйства, Аскар обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 120,000 сом (KGS) на закупку скота. Доходы от кредита Аскар планирует использовать для увеличения поголовья скота и ремонта хозпостроек.

Additional Information

About Bai Tushum Bank CJSC

Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 36
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,530,050
    Funds lent in using Kiva
  • 45.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Askar to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 20, 2011
Oct 1, 2011
Currency Exchange Loss:
Oct 17, 2013