Funded

Total loan: $1,725
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Kuttubek


A loan of $1,725 helped to purchase cattle.


Kuttubek's story

Kuttubek is working as a teacher of chemistry at school in the village of Kara-Suu in northern Kyrgyzstan. He is 33 years old, he is married and has three young children.

Due to the fact that his salary did not cover all expenses of the family and by searching for an additional source of income Kuttubek began to breed cattle. Starting his business with a starting amount of 25,000 KGS Kuttubek made ​​every effort to grow his business which to date brings a profit of 3,000 soms per month from the sale of meat and dairy products. For further development of his business Kuttubek has come to Bai Tushum and Partners for a loan in the amount of 80,000 som (KGS) for the purchase of dairy cows.

In the future, Kuttubek plans to expand the number of livestock in order to increase sales of milk.

Translator profile picture

Translated from Russian by Kiva volunteer Elena Fedorchuk



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: November 30, 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 30, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC