100%

funded

Total loan: $2,875

Kulbara

Kyzyl-Tuu village, Talas region, , Kyrgyzstan / Agriculture

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A loan helped to purchase dairy cows in order to increase the volume of milk for selling to a factory.


Kulbara's story

Kulbara is 47 years old, married and has four children. Kulbara has a high school education. As a main source of income for family, she has worked with livestock breeding and field crop cultivation since 1998. Thanks to her persistent work, Kulbara, with the help of her husband, currently has 11 cows, 20 sheep and 2 horses on her farm. She also has a plot of land of 3.24 hectares, on which she grows beans and hay.

Kulbara has a contract to deliver organic milk to the local factory for further processing into dairy products. This allows Kulbara to continuously invest in her agricultural business. Kulbara learnt that at the bank "Bai Tushum", she can get a loan with security in the contract for future volumes through the "Value chain" product. She applied for a loan in the amount of 200,000 som (KGS) to purchase dairy cows, with the goal of increasing the volume of milk for selling.

The payment for the milk will be transferred directly to Kulbara's bank account, and the installment on the loan will be automatically deducted. The income from the loan helps Kulbara to further develop her farm, and give her children a quality education.