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Farida
Farida is 33 years old and married to a soldier whose salary is about 11,000 soms a month. She and her husband have two children, both of whom are n school. A year ago, Farida applied for a loan for 15,000 soms, which she used to go into the business of selling children's school uniforms. She earned enough money to pay back the loan while also opening her own stall in the local market. Now she is applying for her second loan to buy children's shoes and school uniforms to sell this fall. Her goal is to increase her income so that she can afford to buy a vehicle for her family to use.

--- 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 watch 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
  • 123
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,279,375
    Funds lent in using Kiva
  • 44.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Farida to buy children’s shoes and school uniforms.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012