Total loan: $1,125


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Bokonbaevo village, Issyk-Kul region, Issyk-Kul Region, Kyrgyzstan / Agriculture

Niyazbek's loan finished fundraising,
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A loan helped to buy livestock to increase his revenue from animal husbandry.

Niyazbek's story

Niyazbek is 50 years old and married with two sons and a daughter. He has a specialised secondary-level education and graduated from technical college with a vetarinary degree. He knows a lot about agricultural technology and he knows how to invest funds effectively. Nizazbek has been raising livestock since 1993 and this is his family's primary source of income. Thanks to his hard work and his wife's help on the farm, he now has 3 cows and 10 sheep. To supplement his income, Niyazbek also uses his car to offer passenger transport services.

In order to further develop his business, Niyazbek has approached Bai Tushum Bank for a loan of 75,000 som. He will use the money to buy livestock in order to increase his profits. The profits will help him to expand his business and improve his family's living conditions.