100%

funded

Total loan: $1,475

Nargulya

Flag of Kyrgyzstan
Kyzyl-Oktyabr village, Talas region, , Kyrgyzstan / Agriculture

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A loan helped with the purchase of dairy cows to increase livestock headcount and sales of organic milk.


Nargulya's story

Nargulya is 42 years old, married, and has 2 sons and 2 daughters. Nargulya has a secondary education. As the main come for her family she has been working with agriculture and livestock since 2000. Thanks to Nargulya's hard work and the help from her husband on the farm, today her farm has 1 cow, 20 sheep, and 2 horses, and on 2.8 hectares of land she grows beans and plums.

Nargulya has a contract to supply organic milk to the local factory for further processing into dairy products. This allows her to continuously invest in her agricultural business.

Having learned that at the bank "Bai-Tushum," Nargulya can get a loan secured by a contract for future delivery, within the product "Chain of Value Added," she applied for a loan in the amount of 100,000 som (KGS) to buy dairy cows to increase the size of her herd and the sales volumes of milk.

Payments for the milk from the factory will be directly transferred to Nargulya's bank account, and payments on the loan will be automatically deducted from there. The proceeds from the loan will help Nargulya to further increase the size of her herd and the yield of her agricultural products, as well as improve the family's material well-being.