Nurjamal, 53, is a resident of Tup, a nice village in the western part of Kyrgyzstan. Together with her husband, who is a farmer, she has raised three sons and a daughter. The two older sons are employed, the daughter is married and lives separately with her family, and the youngest son is at school. Five years ago, with an initial investment of 20000 soms, Nurjamal built a store and started to sell groceries. She earns about 5000 soms per month. This profit has made it possible for her to purchase household appliances to improve the family’s living conditions. She applied for the loan because she needs to purchase more goods for trade. The loan will be used to purchase sugar (500 kg), oil (200 liters) and other goods. Nurjamal hopes that the loan will help her to increase business turnover. In the future she wants to see her sons 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.