Funded

Total loan: $2,150
Powered by 75 lenders

Tursun


A loan of $2,150 helped to purchase additional livestock and fodder.


Tursun's story

Tursun is 62 years old, a widow. After the breakup of the Soviet Union, she became involved in animal husbandry, which grew into the primary source of financial support for her family. Tursun started her business with an initial sum of 20,000 som (KGS) and was able to grow her business to currently have twenty heads of rams, nine cows and one horse, and yielding a monthly profit of 20,000 som (KGS). Tursun sells dairy products, such as milk, kefir, sour-cream, cottage cheese, and meat at the central market in the town of Uzgen. In order to further grow her business, she requested a loan in the sum of 100,000 som (KGS) from the "Bai-Tushum and Partners" company to purchase additional heads of livestock and fodder for them. Tursun plans to invest the profits into further increasing livestock headcount through a purchase of a breeding stallion, and wants to build an additional barn in the future.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 21, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 21, 2011
Facilitated by Field Partner: Bai Tushum Bank CJSC