A loan of $1,600 helped a member to purchase convenience goods.

Ainagul's Group's story

Ainagul I. is the leader of this group. She is a resident of Karabalta, a small town near to Bishkek (the capital of Kyrgyzstan). She is 49 and married to an electrician. Together with her husband, Ainagul has raised three sons and a daughter. The daughter studies at school, and the two older sons are married and live separately with their families. According to Kyrgyz traditions, the youngest son lives with his parents.

In order to earn money to cover family expenses, Ainagul sells convenience goods at home. She started this activity seven years ago with the initial investment of 15,000 soms and now she earns 5200 soms per month. With money received from the loan Ainagul wants to increase her turnover and purchase a variety of convenience goods for sale.

--- 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.

In this group: Ainagul, Mairamkul, Aibek, Orozbek

Loan details

Lenders and lending teams

Loan details