The irrigation system of Kum-Dobo village in Naryn oblast was repaired with financial support of the Bank “Bai-Tushum and Partners”

02.05.2013

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 In April 25, 2013 the ceremony of putting into operation of the renovated pumping plant “Kochkor -Ata” took place with participation of akim (mayor) of Kochkor region, representatives of local government, employees of agriculture department and local inhabitants.

Annually, due to lack of water, people of Kum-Dobo village used only 124 hectares of land and lost about 200 tons of grains, barleys and 600 tons of potatoes. The Bank “Bai-Tushum and Partners” allocated of 900 thousand KGS for purchase and installment of the additional pumping plant and also new trays which allowed irrigating in full about 227 hectares of sowing lands, to gather good harvest without losses, and thereby to improve financial wellbeing of more than 6000 people of the village.

“Support of projects on improvement of water supply system in sowing lands by the way of reconstruction, technical and technological renovation of pumping plants has large value for plant growers of Kyrgyzstan. For people in regions in conditions of acute scarcity of work places, the plant growing is single way to earn. We are sure that the implementation of this project in Kum-Dobo brings to increasing of family incomes residing in this village and improves their standard of life – noted Gulnara Shamshieva, General Manager of the Bank “Bai-Tushum and Partners”.

Maintenance of the irrigation system in Kum-Dobo is one of the successful samples of implementation of social projects on improvement and renovation of rural water supply system, realized by the Bank “Bai-Tushum and Partners”. Today the Bank financed and already successfully finished 6 social projects in Talas, Chui, Jalalabat and Osh oblasts for total amount more than 3, 5 million KGS.

About the Bank “Bai-Tushum and Partners”

«Bait-Tushum and Partners» was founded in 2000 by the American international organization of development ACDI/VOCA. In November 13, 2012 “Bai-Tushum and Partners” became the first microfinance organization in the Central Asia obtained full banking license from the National Bank KR. For 12 years activity the organization became the one of the large microfinance institutions in the Kyrgyz Republic with total assets of 100 million US dollars. Today, Microfinance Bank “Bai-Tushum and Partners” entered to six large banks of the Kyrgyz Republic, serving of more 30 thousand clients.