Total loan: $1,200


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Bakai-Ata 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 milk to a local plant.

Zharkynai's story

The 39-year-old Zharkynai is married, with seven children. She has a secondary education and has been raising livestock and growing crops since 2000 as her main contribution to the family income. Thanks to Zharkynai's hard work, her farm presently consists of four cows and a 0.4-hectare plot of land on which she grows beans and plums.

Zharkynai has a contract to deliver organic milk to a local plant, where it is processed into dairy products. This permits her to put money back into her business on an ongoing basis. After learning that she could obtain a loan from Bai Tushum Bank, using as collateral the contract for future deliveries under a Value-Added-Chain arrangement, Zharkynai has applied for a loan of 100,000 som (KGS) to buy dairy cows. Her goal in this is to increase her milk sales. The dairy plant's payments for the milk will be deposited directly into Zharkynai's bank account, and the loan payments will be automatically deducted. The income generated by this loan will allow her to develop her farm going forward.