Total loan: $1,900


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Talas district, Talas region, Talas Region, Kyrgyzstan / Agriculture

Kanykei's loan finished fundraising,
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A loan helped to buy dairy cows in order to increase her sales of milk to a local factory.

Kanykei's story

Kanykei, 42, is married and has a son and a daughter. She has university degree and works as a teacher.

As an additional source of income for her family, Kanykei has been involved in animal husbandry and crop farming since 2000. Thanks to her hard work, currently there are 3 cows and 17 sheep on her farm, as well as 1.45 hectares of land where she grows beans.

Kanykei has a contract with the local dairy processing plant to supply organic milk. This allows her to continuously invest in her farming business. Having learnt that in Bai Tushum Bank she can get a loan under the 'Value-added chain' scheme using her contract for future milk supply as a collateral, Kanykei applied for a loan of 160,000 som (KGS) to buy dairy cows in order to increase her volume of milk sales. The payments for milk will be directly transferred to Kanykei's account and the loan repayments will be automatically deducted. The profits from the loan will help Kanykei grow her farm further and improve her family's wellbeing.