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Kenjegul
Kenjegul A. is 39 years old and she lives in Kant with her family, which consists of her husband and their two daughters. All of the family members raise money in different ways. The total sum of family income is $650 per month. Kenjegul’s spouse works as a local taxi driver, and at home he repairs cars. The elder daughter is a hairdresser and the younger one is a student on a budget base at the Medical Academy.

Six years ago the client was the owner of a small shop, and then she changed her line and began to sell industrial goods. Now she is making her money by selling men's socks and women's underwear for all ages in the central local market. Sometimes when she is not able to manage all the workload, the daughters relieve her. In this way they have managed to purchase a house, new furniture and necessary household appliances. During these years they have also been paying for their daughter’s studies.

The family needs a loan in order to buy more goods to sell (33,000 KGS), to do automobile repairs (10,000 KGS) and the remaining 17,000 KGS for study payment.

In the future Kenjegul wants to obtain her own stall in the central market and to buy flats for her daughters.

--- 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
  • 120
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,192,575
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Kenjegul to purchase goods for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011