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Total loan: $1,225

Nuriya

Flag of Kyrgyzstan
Kara-Buura district, Talas region, Talas Region, Kyrgyzstan / Agriculture

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A loan helped to buy dairy cows to expand her herd and increase sales of organic milk.


Nuriya's story

Nuriya, 41, is married and has four children. She has a secondary education. As a main source of income for her family, Nuriya has been involved in animal husbandry and crop farming since 2005. Thanks to her tireless work, currently there are two cows on her farm, as well as a plot of land measured 2.5 hectares where she grows beans.

Nuriya has a contract with a local dairy processing plant to supply organic milk. It allows her to continuously invest into her agricultural business. Having learnt that she can take a loan at Bai Tushum Bank under the 'Value-added Chain' program using her contract as a collateral, Nuriya requested a loan in the sum of 100,000 som (KGS) to buy dairy cows in order to increase her organic milk sales. The payments for the milk by the plant will be directly transferred to Nuriya's bank account and the loan repayment installments will be automatically deducted. The proceeds from the loan will help Nuriya further develop her farm.