Funded

Total loan: $1,350
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Molek


A loan of $1,350 helped to purchase ewes.


Molek's story

"Bai Tushum and Partners" company expresses a sincere gratitude to Kiva investors, who supported Molek in her business. Kiva's line of credit, given to Molek for her animal husbandry business, was repaid without delays. Molek was born in the Chaldovar village (Panfilovsk district, Chuysk region, Kyrgyz republic). She is 53 years old and a widow. She is raising three sons - oldest Sulayman, middle Shamil and youngest Sultan, and all of them live in the Rovnoe village, in their own house. Molek was the fourth child in a large, low-income family. Since young age, she had to help her mother with the household, and this is why she only completed 7 grades of a secondary school and did not have the opportunity to finish her education. Also since young age, Molek went to work as a dairymaid at a collective farm and was involved in raising and educating her children after she was married. When Molek's husband passed away, it was difficult for the family, and the children and she suffered through the loss of their father and husband. Molek started to pull the strap for two. She had a large responsibility on her shoulders, and put all of her efforts toward developing the animal husbandry business, that she started together with her husband. At that moment, she had 15 heads of sheep and one cow, and the sales of milk and dairy products was the source of income. Molek's children helped her with everything by taking cattle to pasture and working as shepherds parallel to this. This is how the entire family was involved in animal husbandry. Currently, Molek's business includes three dairy cows, one bull, one horse and 22 heads of sheep. To further develop her business, Molek requested a loan in the sum of 60,000 som (KGS) from the "Bai Tushum and Partners" company in order to purchase ewes. She plans to repair her barn and increase livestock headcount.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: September 15, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: September 15, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC