A loan of $2,700 helped to buy calves.

Churek's story

Churek is 52 years old. After the death of her husband, she has been raising their 4 children and running the household on her own. Churek has secondary specialized education. Her family's main source of income is raising of livestock, a business that she started 10 years ago with a purchase of cattle for 5,000 KGS. Thanks to Churek's hard work, her household now has two milking cows and one horse. Her son supplements the income by working abroad, in Russia, as a translator. Her entire monthly income is 15,000 KGS.

In order to expand her business, Churek applied to the microfinance bank of Bai Tushum and Partners for a loan of 130,000 KGS, to purchase calves. Churek plans to re-invest some of the profits back into her business by purchasing additional livestock and save the rest with the goal of improving her childrens' financial situations.

Translator profile picture

Translated from Russian by Kiva volunteer Victor Khangulov

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