A loan of $2,225 helped to purchase cattle.

Kermenbai's story

Kermenbai is 55 years old, he is married and is raising one son. Kermenbai is known in his village of Sai as a persistent, hardworking and optimistic man. After the collapse of the Soviet Union Kermenbai's family has started they own business by breeding cattle with a starting capital of 10,000 soviet rubles. Right now the developed business of Kermenbai brings a profit of around 20,000 som (KGS) a month from sales of meat, milk, kefir (thick yogurt drink) and other milk products. With the purpose to further develop his business Kermenbai has come to Bai-Tushum and Partners for a loan in the amount of $100,000 som (KGS) to buy milk cows. Kermenbai plans to use the profit from the loan to buy a large cattle shed with a plot of land.

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Translated from Russian by Kiva volunteer Elena Fedorchuk

Loan details

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Loan details