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Update on Svetlana

Thanks to her previous loan, received through the support of Kiva, Svetlana was able to increase the number of livestock and receive income from selling milk and dairy products. Due to the successful experience of borrowing and the good result her farm currently counts 4 horses, 1 steer and 10 sheep, and in addition to the livestock she owns 5.5 hectares of crop land and rents 6 hectares.

Svetlana turned to the organization "Bai Tushum & Partners" for the third time for a loan in the amount of 50,000 som (KGS) for the purchase of a dairy cow. Svetlana plans to invest the income in developing the business.
View original language description ↓
Благодаря кредиту, полученному при помощи поддержки Фонда КИВА, Светлана смогла приумножить количество скота и получить доходы от продажи молока и молочных продуктов. Учитывая успешный опыт заимствования и хороший результат - на сегодня ее хозяйство насчитывает 4 лошади, 1 бычок и 10 овец, кроме скота она имеет 5,5 га посевной земли в собственности и 6 га арендуемой. Светлана в третий раз обратилась в компанию "Бай - Тушум и Партнеры" за кредитом в сумме 50,000 сом (KGS) на покупку 1 доиной коровы. Доходы Светлана планирует вложить в развитие бизнеса.

Previous Loan Details

Thanks to the loan, obtained with the help and support of the Kiva Fund, Svetlana was able to increase livestock quantities and earn income from sales of milk and milk products. Considering her successful borrowing experience and a good result, today her business contains four cows, three calves... More from Svetlana's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 36
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,533,825
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Svetlana to purchase a dairy cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 26, 2012
Dec 21, 2012
Currency Exchange Loss:
Jul 2, 2013