A loan of $1,500 helped to purchase livestock.

Jumagul's story

Jumagul is a sixty-two year old widow. She's raised two children and is now caring for her thirteen-year-old nephew. In 1996, searching for a new source of income, she began a farming and animal raising business from a starting capital of 15,000 soms (KGS). Thanks to her hard work and dedication, her business has grown to include 6 cows with offspring, 10 heads of small-horned cattle, 2 horses, 3 hectares of land she uses to grow potatoes and grain crops on and a monthly income of 7,500 soms (KGS) by selling milk.

Hoping to expand to her business even further, Jumagul approached "Bai Tushum and Partners" with a request for a loan of 70,000 soms (KGS) in order to purchase some small-horned cattle. She plans to reinvest the profits from the loan back into her business.

Translated from Russian by Kiva volunteer Alex Kostrubsky

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Loan details