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Total loan: $1,775
Kara-Buura district, Talas region, Talas Region, Kyrgyzstan / Agriculture
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A loan helped to buy dairy cows in order to increase milk sales.
Dzhibek is 61 years old, married and has four children. She has a secondary education. To provide the primary income for her family, she has been involved in animal husbandry and farming since 1996. Thanks to her hard work, today her farm contains three cows, 30 sheep, three horses, and 2.28 hectares of land, where she grows beans. She has a contract to supply organic milk to a local factory for further processing into dairy products. This allows her to consistently invest in her agricultural business. Having learned that she can obtain a loan from the Bai Tushum Bank under the " "value-added chain" program, using her contract for future milk supply as a collateral, Dzhibek requested a loan in the amount of 150,000 som (KGS) to buy dairy cows in order to increase milk sales. Payments from the factory will be directly deposited to Dzhibek's bank account, and loan repayments will be automatically debited. The profit from the loan will help with further business development.