A loan of $1,750 helped to buy calves for fattening and resale.

Nazgul's story

=Nazgul is 40 years old and she is a widow who is raising four children. Her husband died young and her children were left without their father and the main family breadwinner. It was very hard for Nazgul to survive his death, but she finally got a hold of herself and found some work so she could feed her family. She works in a bakery as a part-time packer on a rotational basis, but unfortunately her salary is not enough to support her family and as a source of additional income she decided to raise animals. She started doing this 15 years ago with the purchase of livestock for 3,000 som KGS. Thanks to her hard work, she now has two cows, ten sheep and she also has a 2.25 hectare plot of land on which she grows wheat and legumes. Her monthly income is 10,000 som (KGS).

With the goal of developing her business further, Nazgul has turned to the microfinance bank "Bai-Tushum and Partners" for a loan to buy bulls to fatten up and sell for a profit at the local market. Nazgul is a very enterprising and industrious woman and she believes that she can do well for her family. She plans to use the income from the loan to further increase her head of livestock and she also intends to raise money to improve her financial situation and to build a good future for her children.

Translator profile picture

Translated from Russian by Kiva volunteer Devin Connolly

Loan details

Lenders and lending teams

Loan details