Expired

Total loan: $1,550
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Tolobek


A loan of $1,550 helped to buy 2 cows.


Tolobek's story

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.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: June 27, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC
Expired: August 14, 2013

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: June 27, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC
Expired: August 14, 2013