100%

funded

Total loan: $1,200

Olesya's Group

Flag of Kyrgyzstan
Karabalta, Chuy Province, Kyrgyzstan / Retail

Olesya's Group's loan finished fundraising,
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A loan helped To purchase children's clothes.


Olesya's Group's story

Olesya S. is the leader of the group. She is 35 and married. Her family has 2 sons, both of them are schoolboys. Olesya, together with her husband, raises money by selling flowers and floral compositions. Out of the profits, they have managed to obtain a summer cottage. The loan purpose is to purchase children's clothes for winter. In the uture the family is planning to develop their business, then to buy an automobile. Nina S., 59, is divorced. She has 3 children. Nina earns money by selling cosmetics and perfumery. The loan purpose is to purchase cosmetics for increasing commodity circulation. Elena S., 37, is divorced. She raises 2 children. Elena has a job of a manager. In this way she earns 7000 soms per month. She hopes to obtain this loan to pay for her daughter’s education at university. Natalya K., 38, is married. Her spouse raises money by working in Russia as a builder. The family has 3 children. Natalya sells socks and underwear in the local market. The loan purpose is to buy children's clothes for winter. --- 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.