A loan of $1,050 helped to purchase a horse.


Elmira's story

Elmira is 40 years old, married and the mother of 6 children (one son and five daughters). She has secondary education. Together with her husband she started a farming business many years ago with a small sum of 15,000 som (KGS). Her husband earns money providing different services to the population, while Elmira has seasonal work in a bakery. At the farm they have three dairy cows, three calves, one sheep and one horse. The monthly income is 8,000 som (KGS) from selling milk from the three cows. The income enabled Elmira to multiply the number of livestock at the farm and thereby improve the family's well-being. With an aim to further develop her business, Elmira turned to our microfinance bank "Bai Tushum & Partners" for a loan in the amount of 50,000 som (KGS) for the purchase of a horse. Elmira plans to invest the income from the loan in repairing her house and also for the education of the oldest daughter.

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Translated from Russian by Kiva volunteer Audhild A.



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