100%

funded

Total loan: $1,500

Nazgul

Flag of Kyrgyzstan
Orto-Aryk village, Osh Region, Kyrgyzstan / Agriculture

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


Nazgul's story

Nazgul has successfully repaid her loan. She is grateful to Kiva and to everyone who has helped her with financing. At present she has 13 cows, 35 sheep and 1 horse on her farm, as well as a field of 2.4 ha [5.9 acres], where she grows beans.

In order to develop her business further, Nazgul once again has reached out to the Bai Tushum Bank in the amount of 250,000 Som (KGS) to buy a dairy cow in order to increase her sales volume of milk as well as her cattle headcount. Payments for the milk from the factory will be directly credited to her bank account, and her loan payments will be automatically debited. The revenues from this loan will help Nazgul save up funds to finance her children's university education.