Seyilbubu's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase wadding and fabric to make handycrafts.
Seyilbubu's Group's story
Nevertheless, the heroes of our story would consider everything said above as just an absence of creativity. Their principle is to be creative and keep on trying.
Seyilbubu O. is the leader of this group. By the age of 52 she had raised 4 sons. Seyilbubu is divorced and she successfully overcame the ordeal of being a sole provider for the family as her eldest son is married already and started to help support his family.
As to Seyilbubu’s occupation, she offers seamstress’s services. She makes handycrafts to order. She used to produce handycrafts for domestic use only. However, afterwards she started receiving orders from her acquaintances.
This activity has allowed her to lead a relatively independent life. Her monthly income amounts to about 60 USD. She thriftily saved money and was able to send her kids to school and provide them with school supplies and clothes.
Now Seyilbubu dreams about buying new household appliances and a new sewing machine. Before doing that she needs to make new handycrafts for sale. She is in need of a loan to purchase a hundred kg of wadding and fabric.
Seyilbubu’s partners are:
Bermet M., 39, is a mother of three children. Her husband works in construction. Bermet breeds cattle. Two of her children go to school. Bermet needs a loan to buy a cow. Bermet’s dream is to provide her children with education.
Gulnaz B., 34, has three children. Her eldest son, in spite of being just sixteen, already earns his own living. The other two children go to school. Gulnaz is a seamstress. She needs a loan to purchase fabric.
Ainura E. K., 41, breeds cattle and sells milk. Her husband is a policeman. He works in a crime detection department. In his free time he helps his wife look after the cattle. Ainura hopes to obtain this loan and buy a cow for breeding.
Where Did This Loan Come From?
This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.
Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who delivers its services to customers 365 days a year. To learn more about Mol Bulak 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 micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak staff.