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Chynygul is 55 years old and married. She has brought up two children. Her youngest son, 16 years old, helps her in everything. Chynygul works as a teacher at the local school. As an additional source of income for her family, for some 30 years she has also been doing farm work and raising livestock, having launched this business with 1,000 KGS. Thanks to Chynygul’s hard work, her farm now includes five cows with calves, 55 heads of small cattle, and two horses. Her monthly revenues from her farm are about 4,000 KGS. In addition, Chynygul works four ha [about 9.4 acres] of land, growing perennials that are used as animal feed.

Since the fall season is particularly busy due to seasonal agricultural work, Chynygul, like many village dwellers, is in need of financial support to develop her business. This is why she turned to “Bai Tushum & Partners” for a loan in the amount of 70,000 KGS to buy dairy cows. Chynygul would like to use part of her resulting revenues to buy a notebook for her son, who is preparing to apply for college; in the future she plans to keep reinvesting in her business.
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Чыныгул 55 лет, замужем, воспитала 2 детей, младший сын 16 лет помогает ей во всем. Чыныгул работает учителем в местной школе и в качестве дополнительного источника дохода для своей семьи, на протяжении 30 лет занимается полеводством и животноводством, начав этот бизнес с 1,000 сом (KGS). Благодаря упорному труду Чыныгул в ее хозяйстве на сегодняшний день имеется 5 коров с приплодом, 55 голов мелкого рогатого скота, 2 лошади, ежемесячная прибыль от хозяйства составляет около 4,000 сом (KGS). Также, Чыныгул обрабатывает 4 га земли с многолетними травами, служащей в качестве корма для скота.
Так как осенний период является особенно активным, что связано с сезонностью в агросекторе, Чыныгул также, как и многие жители сел, нуждается в финансовой поддержке для развития своего бизнеса. В связи с этим, Чыныгул обратилась в компанию «Бай –Тушум и Партнеры» за кредитом в сумме 70,000 сом (KGS) на покупку дойных коров. На часть доходов от кредита Чыныгул хотела бы приобрести ноутбук для сына для подготовки к поступлению в университет, а в дальнейшем - планирует вкладывать в развитие бизнеса.

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
  • 63
    View loans »
    Kyrgyzstan Loans Fundraising
  • $12,008,925
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Chynygul to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 8, 2012
Aug 24, 2012
Currency Exchange Loss:
Aug 17, 2013