Funded

Total loan: $2,150
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A loan of $2,150 helped to purchase merchandise from Bishkek.


Jumagul's story

Jumagul is 38 years old, married and is raising four school-age children. In search of a source of income for her family, Jumagul decided to get involved in sales of posters and jewelry at the central market of the Kyzylkiya town, after investing an initial sum of 22,000 som (KGS). Having put all of her efforts toward developing her business, Jumagul achieved success and has a goods turnover of about 100,000 som (KGS) today, which allows her to earn an income of about 20,000 som per month. In order to expand the assortment of merchandise and grow her business further, Jumagul requested a loan in the sum of 100,000 som (KGS) to purchase merchandise from Bishkek (the capital). She plans to invest the earnings from the loan into the expansion of her retail space.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

15 months
Repayment schedule: At end of term
Disbursed date: November 24, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

15 months
Repayment schedule: At end of term
Disbursed date: November 24, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC