100%

funded

Total loan: $1,900

Samara

Flag of Kyrgyzstan
Atay Ogonbaev village, Talas region, , Kyrgyzstan / Agriculture

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A loan helped to buy dairy cows to increase her sales of milk to a local factory.


Samara's story

Samara is 40 years old and married with two sons. She has a secondary level education. She has been raising livestock and growing crops since 2011, and this is her family's primary source of income. Thanks to her hard work and her husband's help on the farm, she now has 9 cows, 50 sheep and 5 horses, as well as a 1.5-hectare plot of land where she grows beans. Samara has a contract to supply a local dairy factory with organic milk. This allows her to constantly reinvest in her farming business.

When Samara found out that Bai Tushum Bank off a product called a "Value Added Chain", which would allow her to take out a loan against her future milk sales, she decided to apply for a loan of 150,000 som. She plans to use the money from the loan to buy dairy cows to increase her milk sales. The milk payments from the factory go straight into Samara's bank account, and the loan repayments are automatically deducted. The profit from the loan will help her to further develop her business and to finish building her home.