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Gulnaz
Gulnaz I. is a resident of Tashkomur, a small city in the Jalalabad region in the south of Kyrgyzstan. Gulnaz is nineteen years old. Ten years ago her mother opened a cafeteria and now Gulnaz works with her mom. She earns about $430 per month. That profit made it possible for her to invest money to start building a house.

Gulnaz applied for the loan because she needs money to purchase sheep. After fattening, those sheep will be used for meat to prepare as food in their cafeteria. In the future she plans to expand their family business and maybe try to open a good restaurant.

--- 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 the triple bottom line – People (building human capital and taking care of its customers as well as society), Planet (keeping environmentally friendly) and Profit (earning revenue to expand autonomously). 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.

About Kyrgyzstan

  • $2,100
    Average annual income
  • 203
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,726,375
    Funds lent in using Kiva
  • 46.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Gulnaz to purchase sheep.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2010
Listed
Aug 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011