Funded

Total loan: $2,150
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Bakyt


A loan of $2,150 helped to purchase cattle.


Bakyt's story

Bakyt is a 27 year old farmer, he is married with one child. Since childhood Bakyt was included in the family farm, which was the main source of income for his own family. Since 2003 Bakyt started fattening and selling cattle with an initial investment amount of 23,000 som (KGS). Because of the tenacity and perseverance in the quest for a decent life for his family Bakyt worked tirelessly. Today, his farm with cows and sheep is developing successfully and brings a monthly income of about 20,000 som (KGS) from the sale of meat and dairy products.

For further development of his business Bakyt has turned to Bai Tushum and Partners for a loan in the amount of 100,000 KGS for the purchase of bulls for fattening. He plans to use the proceeds from the loan in a purchase of construction materials to build a new barn for the livestock.

Translator profile picture

Translated from Russian by Kiva volunteer Elena Fedorchuk



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: November 22, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: November 22, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC