A loan of $2,075 helped to buy cows for fattening and resale.


Matlubakhon's story

Matlubakhon is 56 years old and she raises three children. It took her a very long time to recover from the death of her beloved husband. But she had to raise and put her children back on their feet, so she decided to take responsibility for the business and material circumstances and she took the situation in her own hands. Matlubakhon has a secondary education and she is involved in animal husbandry, an activity which provides her family with its main source of income. She started in this business 35 years ago with the purchase of livestock for 3,000 som (KGS). Thanks to her hard work, she now owns two dairy cows and 5 sheep, and she cultivates 0.54 hectare (1.33 acre) of land on which she grows potatoes, cotton and vegetables. She makes a monthly income of 7,000 som (KGS). In order to further develop her farming business, Matlubakhon has turned to the microfinance bank "Bai Tushum & Partners" and requested a loan of 100,000 som (KGS). She will use this loan to buy some cows which she will fatten and then resell at a higher price at the market. She plans to re-invest the profits from this loan back into her business by purchasing additional livestock. She is also planning to save enough money for the construction of a new building in which she will keep her livestock.

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Translated from Russian by Kiva volunteer Sophie Narayan



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