A loan of $1,950 helped to purchase cattle for resale.

Ulugbuhan's story

Ulugbuhan is 62 years old, a widow and a heroine-mother: she has 7 children. She has a secondary education. She has practiced livestock breeding and crop farming since childhood. All of her children are grown up and live separately, but they still actively help their mother. Ulugbuhan currently has 2 cows and 3 sheep on her farm, as well as a 0.45 hectare plot of land on which she grows potatoes, corn and cabbage. Her average monthly income is 4,000 som (KGS). As this amount of money is not enough to live on, Ulugbuhan's youngest son, who works in Russia, sends money home to help his mother. However, Ulugbuhan wants to run her business herself, be independent and, conversely, help her children. This is why Ulugbuhan turned to Microfinance Bank "Bai Tushum" to further develop her farm. She is requesting a loan for 100,000 som (KGS) to increase the size of her herd with the goal of later reselling the livestock. She will also spend a portion of the loan on crop farming. The earnings from her business will improve Ulugbuhan's quality of life and also allow her to carryout a long-planned renovation of her house.

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Translated from Russian by Kiva volunteer Hilary Hemmings

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