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Chynara
Chynara D. is a resident of Kant, a small pleasant city near Bishkek. Chynara is 46 years old and she is married. She has two sons and a daughter. The daughter studies at school and the sons sell household appliances in a pavilion. Four years ago, Chynara started to sew blankets and sell them to make money. She started with the initial investment of 3000 soms. She also sells curtains, and in this way she makes 15,000 soms per month. That profit made it possible for her to start repairing her house and purchase a vehicle.

Chynara applied for the loan because she needs money to purchase fabrics and materials for sewing curtains. In the future she wants to purchase a flat for her sons and provide her daughter with 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 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

  • $2,500
    Average annual income
  • 92
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,742,650
    Funds lent in using Kiva
  • 46.6
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Chynara to purchase fabrics and materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011