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Kutbiya is 21 years old, unmarried and does not have any children. Kutbiya has a secondary education. She has been practicing farming since childhood. Starting her business with 40,000 som (KGS), she currently has 1 dairy cow with a calf and 20 sheep on her farm. Kutbiya also sows corn every year on her plot of land. She cultivates the land all by herself. She also sells dairy products. Kutbiya's profits from these businesses are around 20,000 som (KGS). For the purpose of the further development of her business, she turned to Microfinance Bank "Bai Tushum." She requested a loan for 45,000 som (KGS) to buy mineral fertilizers and a milk cow. Kutbiya plans to invest the earnings from the loan in the further acquisition of cattle. She also dreams of saving money to throw herself a large and happy wedding reception.
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Кутбия, 21 год, не замужем, детей нет. У Кутбии среднее образование и с детства она занимается сельским хозяйством. Стартовав с 40 000 сом (KGS), на сегодняшний день она имеет очень хорошее хозяйство: 1 дойная корова с теленком, 20 овец. На своем земельном участке, Кутбия ежегодно сажает кукурузу, возделывая ее самостоятельно. Также реализует молочную продукцию. Прибыль от деятельности Кутбии составляет примерно 20 000 сомов (KGS). В целях дальнейшего развития своего бизнеса, она обратилась в Банк «Бай-Тушум» за кредитом в сумме 45 000 сом (KGS) на покупку минеральных удобрений и дойной коровы. Доходы от кредита Кутбия планирует вложить в дальнейшее увеличение количества скота, а также она мечтает накопить средства и провести свою большую и веселую свадьбу.

Additional Information

More information about this loan

This loan is part of Bai Tushum’s efforts to provide essential funds to farmers and agricultural producers to cultivate and process locally grown vegetables, crops, fruits and dairy products. These loans also help people in remote areas access lighting and heating for their households, promote green energy products and help reduce energy expenses. The program includes a 5% rebate of annual interest at the end of loan terms if all repayments are made on time. By funding this loan, you are helping low-income residents improve self-sufficiency, expanding domestic farmers markets and direct producer-to-consumer market opportunities, and making strides against poverty.

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
  • 59
    View loans »
    Kyrgyzstan Loans Fundraising
  • $12,018,650
    Funds lent in using Kiva
  • 51.9
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Kutbiya to buy fertilizers for growing environmentally-friendly vegetables and to purchase a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 27, 2014
Jul 14, 2014
Currency Exchange Loss:
Jul 17, 2015