100%

funded

Total loan: $2,375

Kyzylgul

Flag of Kyrgyzstan
Uch-Emchek village, Talas Region, Kyrgyzstan / Agriculture

Kyzylgul's loan finished fundraising,
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A loan helped to buy dairy cows to increase sales of organic milk to a local factory.


Kyzylgul's story

Kyzylgul has successfully repaid her previous loan from Kiva. She's very thankful to everyone who helped her out.
Thanks to her hard work, today Kyzylgul has 6 cows, 26 sheep, 6 horses, and 0.88 hectares where she grows potatoes. 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 the farm.
When Kyzylgul learned that she can get a loan from Bai Tushum Bank backed by her future contract with the factory, she asked for a loan of 200,000 KGS. This helps her buy more dairy cows and increase her sales volume of organic milk. The factory's payment will come directly to her bank account, with her loan repayments automatically deducted to Kiva. The earnings from this loan will help Kyzylgul further improve her farm.