A loan of $1,550 helped to buy fertilizers for growing environmentally friendly products and to purchase livestock.

Kuluypa's story

Kuluypa is 59 years old. She is a widow and the mother of three. For many years, Kuluypa has been growing farm produce, having started all the way back in 1980. Thanks to Kuluypa’s hard work, at present she earns a revenue of 15,000 KGS per month from selling her produce. Her farm relies exclusively on manual labor. At her land plot of 1.018 ha [2.5 acres], Kulypa grows tomatoes and watermelons; in the fall, she also sells walnuts. In order to develop her business further, Kuluypa has applied to the Bai Tushum microfinance institution for a loan in the amount of 80,000 KGS to buy mineral fertilizers for treating her land. Kuluypa plans to obtain a good harvest and increase her revenue from selling farm produce; she also will spend part of the money to buy livestock. Kuluypa plans to invest her resulting revenues into a new diner. She has been planning to go into the restaurant business for some time now, especially since she grows her own produce. Kulypa believes that this business will bring excellent revenues.

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Translated from Russian by Kiva volunteer Katharina S

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