Jazgul A. lives in Balykchi, a small city near Lake Isykul. She is 33 years old, married and has a three-year-old daughter. Her husband is employed as a policeman and earns 10000 soms per month. Jazgul makes a living as an operator with the local fire department where she earns 7,000 soms a month. In her free time, she supplements this income by selling women’s clothes in a local market. She opened this business a year ago with a small investment of 4,000 soms and now earns more than 12,000 soms a month. Her profits allowed her to buy a car for 70,000 soms. Jazgul has applied for this loan to expand her business by buying school uniforms that she can sell when the new school year starts. In the future, her dream is to buy her own flat, and save enough money to give her daughter a good education.
--- Where Did This Loan Come From? ---
This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Microfinance Institution in Kyrgyzstan.
MBF is strongly committed to the principles of sustainable development and upholds these principles – People (building human capital and taking care of its customers as well as society), Planet (being environmentally friendly) and Profit (earning enough revenue to expand independently). MBF is the only Microfinance Institute in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about MBF and view a video presentation about the organization, please visit: http://www.kiva.org/about/aboutPartner?id=135
If you would like to support and learn more about Kyrgyzstan and microfinance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan – Mol Bulak Finance at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF staff.