Total loan: $1,225
Bakai-Ata, Talas region, Talas Region, Kyrgyzstan / Agriculture
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Jiydegul's loan finished fundraising,
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A loan helped to buy dairy cows in order to increase milk sales.
This wonderful woman is Jiydegul, who is 34, married, and raising 2 children. She has a high school education. She has been breeding animals and cultivating fields since 2009 as the main source of income for her family. Thanks to her hard work, her farm now has 3 cows, 10 sheep, and a share of land measuring 1.48 hectares where she grows beans. She has a contract to provide organic milk to a local factory for processing into dairy products. This allows her to continue to invest in her agriculture business. When she learned that Bai Tushum Bank would allow her to apply for a loan using her contract for future milk deliveries as collateral as a "value chain" product, she applied for a loan of 100,000 som (KGS) to buy dairy cows in order to increase her milk sales volume. Payments from the factory for milk are automatically transferred to Jiydegul's bank account, and loan payments will be automatically deducted. The loan will help her grow the farm and buy a new home for her family.