100%

funded

Total loan: $2,825

Aida

Flag of Kyrgyzstan
Kara-Buura district, Talas region, Talas Region, Kyrgyzstan / Agriculture

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A loan helped to buy dairy cows in order to increase her sales of organic milk to a local factory.


Aida's story

Aida, 28 years old, married. She has a secondary education. Since 2012 the main source of income for her family has been livestock and field farming. Due to her hard work, today her farm has 5 cows, 50 sheep, as well as 4.86 hectares of land, on which she grows beans and wheat.

She has an agreement to supply organic milk to a local plant for further processing into dairy products. This allows her to continuously invest in her agricultural business. After learning that at the bank Bai Tushum she could get a loan based on the contract for future volumes, through the product "Value Added Chain" framework, she applied for a loan in the amount of 239,000 som (KGS). She plans to use the loan to purchase dairy cows in order to increase the volume of milk sales.

The payments from the local plant for the milk will be directly transferred to Aida's bank account. While the loan payments will be automatically deducted. The income from the loan will help to further develop the farm.