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Total loan: $1,775
Kochkor district, Naryn region, Naryn Region, Kyrgyzstan / Agriculture
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A loan helped to purchase dairy cows in order to increase her sales of milk to a local factory.
Zhazdagul is 36 years old and married, with 5 children. She has secondary education. As the primary source of income for her family, she has been practicing animal husbandry and plant agriculture since 2003. Thanks to her hard work, her farm currently has 3 cows, 75 sheep and 2 horses. She also has a plot of land measuring 2.8 hectares, on which she grows alfalfa, potatoes and barley. She has a contract for the delivery of organic milk to a local factory for further processing into dairy products. This allows her to constantly invest in her agricultural business. Through Bai Tushum bank, she can receive a loan on the security of her contract for future deliveries, under their "Chain of Value Added" service. Having discovered this, she has requested a loan in the amount of 150,000 somoni (KGS). This will be used to purchase dairy cows in order to increase her sales of milk. The payments from the factory for the milk will be transferred directly into her bank account, while loan payments will automatically be deducted. The profits from the loan will help her further develop her farm.