Funded

Total loan: $2,050
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A loan of $2,050 helped buy a horse.


Burmakan's story

Burmakan is 51 years old, married, and raised a son with her husband. Her son is 22 years old. He is working in Russia, and every month he sends part of his salary home to support his parents. Burmakan is very respected among the villagers. She has extensive experience in agriculture. Burmakan has a secondary education. The livestock business is the family's primary source of income. Burmakan started it 26 years ago when she bought 4,000 KGS worth of livestock. Because of Burmakan's hard work, her farm currently boasts five dairy cows, two mares, and 23 sheep. Every year from April to September, Burmakan milks the mares to make the traditional drink called "kumis" to sell. Kumis is a very nutritious and healthy drink. She milks the cows year-round and sells the milk. She earns a monthly income of 6,000 KGS. In order to further expand her farm, Burmakan approached the microfinance bank Bai-Tushum and Partners for a loan to buy a horse for breeding. Burmakan plans to invest profits from this loan into increasing her livestock, and she plans to save enough money to buy a new home.

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Translated from Russian by Kiva volunteer Melissa Kniazeva



Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: December 4, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC

Lenders and lending teams



Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: December 4, 2013
Facilitated by Field Partner: Bai Tushum Bank CJSC