A loan of $2,775 helped to buy steers.

Gulmira's story

Gulmira is 37 years old, married, and she and her husband are raising five children. Gulmira has a secondary level education, and her family's main source of income is the animal husbandry business, which she started 18 years ago with a purchase of 15,000 somi (KGS) worth of cattle. Thanks to her hard work, today Gulmira has 3 milking cows, 1 calf, and 10 sheep. Her monthly income amounts to 16,000 somi (KGS).

With an aim to further developing her business, Gulmira applied to the microfinance bank Bai Tushum & Partners for a loan of 135,000 somi (KGS) to buy steers. Gulmira plans to invest the profits from her loan in further increasing the size of her herd and to save money for her children's education.

Translated from Russian by Kiva volunteer

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Loan details