A loan of $1,050 helped a member to purchase paint.

Aida's Group's story

Aida T. has the status of this group’s leader. She is 43 and married to a man whose line of work is farming. The couple is bringing up two schoolchildren. Today, Aida is a schoolteacher. Besides her primary profession, the family started breeding cattle two years ago in order to get extra money. During these years they have managed to equip the house with furniture. Now the family needs a loan to buy paint in order to start repairing their house. In the future, the family intends to finish building the house completely.

Baktybek S. is 36 and married. His wife doesn’t work; she keeps house and hearth for her big family. The couple has five daughters, three of whom are schoolgirls. Now the head of the family gets an additional income by working as a taxi driver; in this way, he gets 5000 soms per month. Besides that, he breeds cattle. Baktybek needs a loan to buy his daughters' school writing materials. In the future, he is planning to build a house.

Nazgul J. is the treasurer of the group. She is 38 and married. Her husband drives a tractor and a combine. The family has five children: three sons and two daughters, all of whom go to school. Now Nazgul works as a school teacher. Apart from this, the family breeds cattle. By now, they have managed to obtain a combine. The loan's purpose is to buy cement for household building. In the future, the plan is to finish the house up.

Baktygul I., is 26 and married. Together with her spouse, who is a farmer, she is raising a small daughter. Baktygul teaches in a school. Besides that, the family makes their bread by cattle breeding. The loan's purpose is to buy three dam (female) sheep for further stock increasing. In the near future, the family is planning to begin building a house.

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 "P" 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 institution 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.

In this group: Aida, Baktybek, Nazgul, Baktygul

Loan details

Lenders and lending teams

Loan details