A loan of $1,025 helped to buy fertilizer and fuel.

Serikul's story

Serikul is 54 years old, a widow, and has two children. After the death of her husband, Serikul did not give up and started to live again with renewed vigor, and was helped by her children: her daughter and son. On her own, Serikul has been working as head of a military dining hall and has a specialist high school education. Serikul is known as a principled, honest, decent and trustworthy person. In searching for an additional source of income for her family, Serikul in 1994 started her own business fattening livestock. Starting with 10,000 som (KGS), her farm today brings a monthly income of 8,000 som (KGS). On her farm, Serikul has: two dairy cows. She also has a plot of land measuring 2.0 hectares, where she mainly grows beans. Serikul's children are working and materially assisting their mother.

In order to further develop her farm, Serikul turned to the microfinance bank Bai-Tushum and Partners for a loan of 50,000 som (KGS) for the purchase of mineral fertilizers and fuel for cultivating the land.

Serikul plans to use income from the loan for development of her homestead and intends to build a house in the future.

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Translated from Russian by Kiva volunteer JD Bergeron

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