Kiva Lending Team: Supporters of Kyrgyzstan -Mol Bulak Finance
We loan because...
to learn, to help and to connect.
About us
In the very heart of Central Asia lies a wonderful mountainous land – a country of Kyrgyzstan with the rich history that dates back to 201 BC. More than 80 ethnic groups live here, creating the variety of cultures and traditions. It serves as a trade crossroad and a trans-shipment point between the Europe and Asia as before when it used to be a connecting-link between north and south directions of Silk Way.
The economy of Kyrgyzstan was severely affected by the collapse of the Soviet trading block. More than 20% of the Kyrgyz population has left to other parts of the Soviet Union within past 10 years to seek work.
While strong growth in neighboring Kazakhstan and China has created opportunities for expansion, Kyrgyzstan remains a small economy vulnerable to external shocks. Persistently high inflation, coupled with the global financial crisis, threatens to undermine recent improvements in poverty levels.
Location: Kyrgyzstan Check out: http://molbulakfinance.kg/en/home
Latest Messages
26 messages. Join the team to get in on the action!
Impact Updated Daily
Team Loans
Latest activity
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John made a loan which helps Amgalanbaatar to purchase construction materials to build a workplace on their plot of land to start a family business of wooden furniture manufacturing with his son.
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Dian made a loan which helps Sokhim to purchase a tricycle to use to carry meatballs to sell in the local community.
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Peter Hjalmarsson made a loan which helps Anarkan to purchase livestock
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elisabeth thorn made a loan which helps Amal to pay the costs of improving the family home.
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Karl made a loan which helps Asia's Group to buy ready-made clothing and start a business.
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steve made a loan which helps Faulu Group to purchase hybrid seed and fertilizer for the cultivation of millet, sorghum and sweet potatoe.
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Carolyn Hardin made a loan which helps Duger to purchase an eco-friendly car to provide a taxi service in town.
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