A loan of $1,450 helped to buy pesticides and nitrates.


Boobek's story

Boobek is 42 years old, married and has three children. His spouse is a homemaker and helps him with his work. While searching for a source of income for his family in 2007, Boobek started farming and working with livestock. He started his business with 10,000 KGS and today his monthly profits are 5,000 KGS. In his care he has one dairy cow, one calf, and ten sheep. He also has a plot of land, 2.10 hectares, where he grows mostly beans, peppers and vegetables. Boobek also uses his own vehicle to offer taxi services which brings in a little income. To further develop his business, Boobek turned to the microfinance bank Bai Tushum and Partners for a loan of 70,000 KGS to buy fertilizer and nitrates. He plans to use the income from the loan to increase his herd and also to pay for his son's wedding.

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Translated from Russian by Kiva volunteer Blake Griffin



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