Total loan: $2,225
Kokzhar village, Naryn region, , Kyrgyzstan / Agriculture
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A loan helped to purchase cattle.
Amanaly is a 62-year old retiree who lives with his family in the village of Kokzhar in the south of Kyrgystan. 15 years ago he launched his cattle raising business with a starting capital of 10,000 KGS. Tireless work and dedication allowed him to grow his business, which now brings him a monthly income of 20,000 KGS. The family also started farming and gardening, and the income proved a good help in paying for their children’s education. In order to develop his business further, Amanaly turned to “Bai Tushum & Partners” for a loan in the amount of 100,000 KGS in order to buy dairy cows. The revenues from selling dairy products will allow Amanaly to pay for the wedding of his younger son Asan. In the future, Amanaly plans to create his own farm, where his son will be his main assistant.