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Total loan: $1,450
Orto-Aryk village, Osh Region, Kyrgyzstan / Agriculture
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Madina's loan finished fundraising,
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A loan helped to buy 2 dairy cows to increase the number of livestock and sales of organic milk.
Madina is 34 years old, married, and has 6 children. Madina has a secondary education. As the main income for her family, she has been rearing livestock and farming since 1999. Today, her farm has 5 cows and a land share of 0.3 hectares on which she grows beans. Madina has a contract to supply organic milk to the local plant for further processing into dairy products. This allows Madina to continuously invest in her agricultural business. Having learned that Madina can get a loan on the basis of the contract for future delivery, within the framework of the product "Chain of Value Added", she applied for a loan in the amount of 100,000 KGS for the purchase of 2 dairy cows to increase the volume of milk sales and the number of livestock. Payments for milk from the plant will be directly transferred to Madina’s bank account, and payments on the loan will be automatically deducted. Madina plans to use the proceeds from the loan to further increase the number of livestock and build a new shed.