Check out some available loans that are similar to this one!
Tolobek is 49 years old, married and has three grown children (two daughters and one son). Tolobek and his family have been running their own business since 1993. A cow was purchased first. Today, he has two dairy cows and one horse on his farm. Tolobek's wife acitvely helps to run the business. Thanks to Tolobek's hard work and patience, his family's monthly profit amounts to 10,000 som (KGS). His oldest daughter works and helps the family financially. The younger children help with the household. In order to further develop his business, Tolobek requested a loan in the amount of 75,000 som (KGS) from the Microfinance Bank "Bai-Tushum and Partners." He requested this loan together with a group, consisting of three people (one man and two women). The group is called "Lenin." Tolobek plans to use the earnings from the loan to further increase livestock headcount on his farm. In the future, he wants to improve his family's welfare.
View original language description ↓
Толобеку 49 лет. Женат, имеет 3 взрослых детей (2 дочери и 1 сын). Толобек вместе со своей семьей ведут собственное хозяйство с 1993 года. Первоначально была куплена 1 корова. А на сегодняшний день у него имеется в хозяйстве 2 дойные коровы и 1 лошадь. Супруга Толобека активно помогает вести хозяйство. Благодаря упорному труду и терпению Толобека, ежемесячная прибыль его семьи составляет 10 000 сом (KGS).Старшая дочь работает и материально помогает своей семье. Младшие дети также помогают по хозяйству. В целях дальнейшего развития своего хозяйства Толобек обратился в Микрофинансовый банк "Бай-Тушум и Партнеры" за кредитом в сумме 75 000 сом (KGS). За кредитом обратились вместе с группой, состоящей из 3 человек (1 мужчина и 2 женщины). Группа называется "Ленин". Доходы от кредита Толобек планирует и дальше увеличивать поголовье скота в своем хозяйстве. В будущем Толобек хочет улучшить благосостояние своей семьи.

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
  • 34
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,530,050
    Funds lent in using Kiva
  • 48.8
    Kyrgyzstan Soms (KGS) = $1 USD
A loan of $1,550 helped Tolobek to buy 2 cows.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 27, 2013
Jul 15, 2013
Currency Exchange Loss:
Aug 14, 2013