Funded

Total loan: $1,650
Powered by 57 lenders

Bermet


A loan of $1,650 helped to buy cows.


Bermet's story

Bermet is a 47 year old widow and she worked hard to raise her six children. Bermet became a widow very early and was left without a provider and a husband, and her children - without a father. It was hard to stop grieving the loss of her closest friend, but Bermet took a hold of herself and made plans. How would she feed her family now? How will she raise her children? How will she provide all six children with an education? After discussing all of this with her children, the family decided to send the eldest son to the capital of Kyrgyzstan. Bermet gave her meager savings to her son and he was able to use that money to start a retail business at one of the markets. He has been having good luck and is able to send money monthly back to the village. Bermet is also working hard to provide for her children - she has a dairy business. The herd was started 20 years ago with 10,000 KGD. Bermet's hard work has expanded the herd to five milk cows and yields monthly profits of 10,000 som KGS. In order to further expand her herd, Bermet has turned to the micro-finance bank "Bai Tushum and partners" for a loan which she will use to buy more cows. She will use the profits from the loan to buy more livestock and save money for home repairs.

Translated from Russian by



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: October 28, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: October 28, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC