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Kaken
Kaken, 61, is a resident of Tup. She is married to a farmer and together they have six grown children. In the year of 2000, the family sold all the livestock it owned and bought a small shop to rebuild into a grocery store. They stocked the store and step-by-step, the business flourished. The background history of the business is already 11 years old and still it brings a significant income of 20,000 soms a month. The purpose of the loan is to buy more products like sugar, rice and pasta to sell in their grocery store. The family hopes to broaden the assortment of goods and make more profits.

--- 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
  • 135
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,026,375
    Funds lent in using Kiva
  • 44.6
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Kaken to buy more products such as sugar, rice and pasta.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Aug 5, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012