100%

funded

Total loan: $1,450

Nuruya

Min-Bulak village, Talas region, , Kyrgyzstan / Agriculture

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A loan helped to buy two dairy cows to increase her headcount and sales of organic milk.


Nuruya's story

The 52-year-old Nuruya is married, with a son and three daughters. She has a higher education, is the director of studies in a school, and is industrious and responsible by nature. Nuruya has been farming to supplement her income since 1992. Thanks to her hard work and her husband's help with the farm, it now consists of five cows, 14 sheep, and a 1.11-hectare plot of irrigated land on which she grows beans and plums for sale.

Nuruya has a contract to deliver organic milk to the local plant, where it is processed into dairy products. This allows her to invest constantly in her agricultural business. After learning that she could obtain a loan from Bai Tushum Bank, using the contract for future deliveries as collateral under a Value-Added Chain arrangement, Nuruya applied for a loan of 100,000 som (KGS), with which she will buy two dairy cows to increase her headcount and milk sales. The plant's payments for the milk will be deposited directly into Nuruya's bank account, and the loan payments will be automatically deducted. She plans to put the income generated by the loan into further developing her business, while using part of it to pay for her children's university education.