Total loan: $2,425


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Kaiyndy village, Naryn Region, Kyrgyzstan / Agriculture

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

Nazira's story

Nazira is 38 years old, married, and has two sons. She has a secondary education. She has worked in raising livestock and land cultivation as her main income since 2014. Thanks to her hard work, her farm now has 4 cows, 15 sheep, and is about 0.5 hectares of land, which she grows beans on.

She has a contract to supply organic milk to a local factory for further processing into dairy products. This allows her to invest in her agricultural business. Upon learning that in Bai-Tushum Bank she could get a loan secured by a contract for future supply as part of a value chain product, she applied for a loan of 200,000 KGS to buy milk cows to increase her sales of milk. Payments for milk from the factory will be deposited directly into Nazira's account, and the loan payments will be automatically taken from there. With the income from the loan she plans to further develop her farm.