A loan of $2,675 helped to buy cosmetics and household chemicals.

Gulmira's story

Gulmira is 48 years old, married, and has two children (one daughter and one son) with her husband. In 1997, she started her business selling cosmetics and household chemicals. She started her business with 1,000 KGS start-up capital. Since she managed to grow her business and find loyal customers, Gulmira now has an average monthly income of 22,000 KGS. Thanks her hard work, Gulmira managed to increase sales and grow her business. In order to further improve and expand her business, Gulmira asked the microfinance bank Bai Tushum and Partners for a loan in the amount of 130,000 KGS to increase sales. Gulmira plans to invest her profits from the loan into the business and save money on a wedding celebration for her son.

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Translated from Russian by Kiva volunteer Melissa Kniazeva

Loan details

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Loan details