Kiva Lending Team: Supporters of Kyrgyzstan
Summary | Loans | Members
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| Location: | Kyrgyzstan |
|---|---|
| Category: | Local Area |
| Team URL: | http://www.kiva.org/team/kyrgyzstan |
| 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. |
| Check out: | http://molbulakfinance.kg/en/home |
| Team Since: | Jun 16, 2009 |
Impact of Supporters of Kyrgyzstan
| Statistic Name | Supporters of Kyrgyzstan |
|---|---|
| Number of Team Members | 28 |
| Number of Loans | 53 |
| Number of Loans per Member | 1.89 |
| Total Amount Loaned | $1,725.00 |
*Updated as of Nov 21, 2009 06:22 am
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