A loan of $725 helped to buy sheep for fattening up and resale.

Meerim's story

Meerim is 19 years old, married and raising one son, who is 2 years old, together with her husband. Meerim has a secondary education. To provide the primary income for her family, she is involved in animal husbandry and farming, having started 2 years ago with a purchase of livestock with 10,000 som (KGS). Thanks to Meerim's hard work, today her business contains 1 horse and 4 tons of potatoes. Meerim leases a 1.0 hectare plot of land, where she plants potatoes, wheat, barley and sainfoin. She will sell potatoes this month (January) wholesale at 18 som (KGS), which will bring in a good income. The monthly aggregate income amounts to 14,000 som (KGS). In order to further develop her business, Meerim requested a loan from the microfinance bank "Bai-Tushum and Partners" to buy sheep for fattening up and subsequent resale at a market at a high price. Meerim plans to invest the earnings from the loan into increasing domestic livestock quantities and plans to to save money to buy her own home because today she and her family live in her husband's parents' home together with the husband's parents.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey

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Loan details