113 micro-finance loans to women working in agriculture

Nursuluu from Kyrgyzstan needs a loan to buy extra fertilizer

Nursuluu from Kyrgyzstan is 34 years old and has 7 children. She has been involved in agriculture for many years, starting this business in 2010 with almost nothing.

Today Nursuluu’s profit amounts to about 20,000 som (KGS) per month. Her farm has 5 cows, 41 sheep, and 1.3 hectares of land, where she grows cotton, tomatoes and cantaloupe. She sells her ecologically-clean and delicious produce to wholesale customers. In order to further develop her business, Nursuluu requested a loan in the amount of 80,000 som KGS (US$1,400) to buy fertilizers for treating the soil, seeds and plastic for her greenhouse.

Nursuluu plans to invest the earnings from the loan into continued development of her business and will pay back her loan over the coming 14 months.

We lend her US$25, as part of the batch of 113 micro-finance loans we allocated in the past weeks, to women from all over the world, working in agriculture.

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The background of this project, you find in the kick-off post