A loan of $1,000 helped to purchase two young bulls to start a cattle sales business.

Chigit's story

Chigit is a resident of a village near the city of Vahdat. He is 56 years old. He is a deputy director of the village school. For the largest part of his live he has worked at the school in his village.

Currently Chigit is concerned with his and his wife's future, as he will go on a pension in a few years. Therefore Chigit and his wife decided that in their old age they would work with livestock breeding.

Chigit has hay and a cattle barn of size 6x4 meters. With his savings he bought a bull already. He requests a loan in order to purchase two additional bulls and start his business. He will fatten the cattle for a period of a month and then resell them at the local cattle market. For the sum he receives from the sale, he plans to purchase four more young bulls and this way expand his business.

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Translated from Russian by Kiva volunteer Audhild A.

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