100%

funded

Total loan: $2,375

Altynai

Flag of Kyrgyzstan
Aral village, Jalalabat region, Jalal-Abad Region, Kyrgyzstan / Agriculture

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A loan helped to buy dairy cows and increase her volume sales of milk to a local factory.


Altynai's story

Altynai has successfully repaid her previous loan. She's thankful to Kiva for providing her with this help. Thanks to her and her husband's hard work, today the farm has 12 cows. Altynai 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 her farm. When Altynai 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 payment from the factory will come directly to her bank account, with her loan repayments automatically deducted to Kiva. Earnings from this loan will help Altynai further improve her farm.