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Nurgul is 33 years old, married and has four children, two of whom are of preschool age. In search of a source of income for the family, she started her own business in selling food products at a small store in 2009. Thanks to persistence and hard work, Nurgul was able to develop her business to have a monthly income of 20,000 som (KGS). Successful business development prompted the family to explore new ideas, and the second room in the store was remodeled to become a barbershop and a small business for Nurgul's husband. In order to further develop her business, Nurgul requested a loan in the amount of 75,000 som (KGS) from the "Bai-Tushum and Partners" company to expand her merchandise selection by buying an inventory of tea, butter and sugar, which will be bought by local residents in large quantities to make jams and preserves for the winter period. She plans to invest the earnings from the loan into an expansion of her retail space and repairing her house in the summer.
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Нургул 33 года, замужем, имеет 4 детей, двое из которых в дошкольном возрасте. В 2009 году в поисках источника дохода для своей семьи, Нургул начала свой бизнес в торговле продовольственными товарами в небольшом магазине. Благодаря настойчивости и упорному труду, Нургуль сумела развить свой бизнес с ежемесячным доходом 20,000 сом (KGS). Успешное развитие бизнеса подтолкнуло семью к новым идеям – и вторая комнатка в магазине была оборудована под парикмахерскую, которая стала небольшим бизнесом для мужа Нургул.
В целях дальнейшего развития своего бизнеса, Нургул обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 75,000 сом (KGS) на расширение ассортимента за счет закупа партий чая, масла и сахара, который будет приобретаться местным населением в большом количестве для изготовления джемов и варенья на зимний период. Доходы от кредита Нургул планирует вложить в расширение торгового места, а летом- отремонтировать дом.

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
  • 38
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,530,050
    Funds lent in using Kiva
  • 47.1
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Nurgul to expand product selection.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 3, 2012
Aug 17, 2012
Currency Exchange Loss:
Feb 17, 2014