Funded

Total loan: $1,025
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Munarbek


A loan of $1,025 helped to buy horses.


Munarbek's story

Munarbek is 37 years old, married, and together with his wife, is raising four children. Munarbek has a secondary education. As the main source of income for his family, Munarbek practices livestock breeding. He started this business 10 years ago, with an initial purchase of cattle in the amount of 15,000 som (KGS). Thanks to Munarbek's hard work, he currently has 1 mare, 4 sheep, and 5 goats on his farm, as well as a garden in which he grows apples and plums. After gathering his harvest, Munarbek sells these apples and plums on the market to wholesale buyers. His harvest brings in a small profit. In his spare time, Munarbek also works as a taxi driver, offering his taxi services to the local population. His monthly income is 10,000 som (KGS). For the purpose of further developing his business, Munarbek turned to Microfinance Bank "Bai Tushum and Partners." He is requesting a loan to buy horses to increase the size of his herd. Munarbek plans to invest the earnings from the loan in the further acquisition of livestock.

Translator profile picture

Translated from Russian by Kiva volunteer Hilary Hemmings



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: November 29, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: November 29, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC