A loan of $1,600 helped a member to purchase fabrics and materials.

Gulsaara's Group's story

Gulsaara is the leader of this group. She is 39 and, unfortunately, she is a widow. She brings up two daughters, both of whom study at school. In order to earn money to meet the family needs, Gulsaara breeds cattle. She also sews Kyrgyz national cloth, blankets and pillows. In this way, she earns 10,000 soms per month. Gulsaara applied for the loan because she needs additional financial funds for purchasing fabrics and materials, which are needed for sewing. In the future, she wishes to build a new house 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 "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 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: Gulsaara, Satimbubu, Burulkan, Salimbubu

Loan details

Lenders and lending teams

Loan details