100%

funded

Total loan: $2,200

Nuriza

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Kum Aryk village, Talas region, Talas Region, Kyrgyzstan / Agriculture

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A loan helped to buy four dairy cows in order to increase her livestock headcount and milk sales.


Nuriza's story

Nuriza is 36 years old. She is married, with two daughters and two sons, and has a secondary education. She has been rearing livestock and growing crops since 2001, and this is her family's main income. Thanks to her hard work, her farm presently consists of nine cows, 15 sheep, five horses, and also five hectares of land, on which she grows beans. Nuriza has a contract to supply ecologically pure milk to a local plant, where it is processed into various milk products. This allows Nuriza to invest continuously in her agricultural business.

Nuriza learned that she could ask Bai Tushum Bank for a loan secured by a contract for future milk deliveries (as part of the bank's Added Value Chain program). She has therefore applied for credit in the amount of 150,000 som (KGS) to buy four dairy cows, which will increase the livestock headcount and the amount of milk produced. The plant's payments for the milk will be deposited directly into Nuriza's bank account, and the loan payments will be automatically withdrawn from there. Nuriza plans to use the income from the loan to build a barn.