Janylkan, 53, is the leader of this group. Unfortunately she is a widow. She has raised seven children: six sons and a daughter. The daughter studies in school, the three older sons are working in Bishkek and the other sons live with Janylkan and help her with housework.
In 1994 Janylkan started to sell foodstuffs at the market. With the profits gained she purchased clothing for resale. At the moment she is engaged in clothing sales. Her monthly profit is 5,000 soms. This profit made it possible for her to repair the house. She applied for the loan because she needs additional financial funds to purchase more clothes in order to increase the turnover in her business. In the future Janylkan wants to see all her children get married.
--- 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.