100%

funded

Total loan: $1,200

Yrys

Flag of Kyrgyzstan
Bakai-Ata district, Talas region, 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.


Yrys's story

Yrys is 43 years old, married, and raising 2 sons and a daughter. She has a high school education. Her main source of income for her family has been raising cattle and growing crops since 1996. Thanks to her hard work, today Yrys has 2 cows, 20 sheep, as well as 0.62 hectares where she grows organic beans. She has an agreement with a local factory to sell her organic milk to them for further dairy processing. This enables her to continuously reinvest in her own business.
When Yrys learned that she can get a loan from Bai Tushum Bank backed by her future contract, she asked for a loan of 100,000 KGS. This helps her buy more dairy cows and increase her sales volume of milk. The factory's payment will come directly to Yrys' bank account, with her loan repayments automatically deducted to Kiva. The earnings from this loan will help her further improve her farm.