Total loan: $1,475
Kyzyl-Oktyabr village, Talas region, , Kyrgyzstan / Agriculture
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A loan helped to buy two dairy cows to increase her cattle headcount and sales of organic milk.
Salymbubu is 58 years old, married, and has 3 daughters and 2 sons. Salymbubu has an incomplete higher education. Previously, she worked as a teacher of elementary school classes; now, as her main source of income, she works in livestock and farming. Thanks to Salymbubu's hard work and responsible attitude, she has been able to grow her farm to include 1 cow, 15 sheep, and 2 horses. In addition, she has 3.2 hectares of farm land on which she grows organic beans for sale. Salymbubu has a contract to provide organic milk to a local factory which processes it into dairy products. This allows her to continuously invest in her agricultural business. When she found out that she could receive a loan from Bai Tushum Bank using her contract for future sales (as part of their program Chain of Value Added), she applied for a loan of 100,000 som (KGS) to buy 2 dairy cows in order to increase her headcount and the volume of her milk sales. The payments from the factory for her milk will be deposited directly into Salymbubu bank account and loan payments will be automatically deducted. Salymbubu plans to invest the revenue from the loan into the further growth of her farm by building a new shed and buying livestock. She will also use a portion to renovate her home.