A loan of $2,625 helped to broaden merchandise assortment and expand retail space.

Khabibulla's story

Khabibulla is 57 years old, married and has three children. He is an electrician and used to work at the local power plant. Unfortunately, his salary was not sufficient to cover his family's expenses, and Khabibulla decided to start his own business of reselling seeds. Having started with a capital of 10,000 som (KGS), Khabibulla was able to develop his business to have a monthly income of about 20,000 som. In order to further broaden his merchandise assortment and expand his retail space, Khabibulla requested a loan in the sum of 120,000 som (KGS) from the "Bai-Tushum and Partners" company. He plans to invest the expected profit into the development of his business.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey

Loan details

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Loan details