100%

funded

Total loan: $1,800

Ayatkan's Group

Balykchi, Issyk-Kul Region, Kyrgyzstan / Agriculture

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A loan helped To purchase a horse for breeding.


Ayatkan's Group's story

Ayatkan T., 57, is the leader of this group. She is the resident of Balykchi, a small nice town in Isykul region. Her husband is retired and receives a monthly pension in amount of 2,600 KGS. Together they bring up three daughters and a son. The first daughter studies at university and the other children are in school. In order to earn additional money to cover family expenses, three years ago, with an initial investment of 15,000 KGS, the family started to breed cattle. Reselling cattle after fattening they earn an additional 3,000 KGS per month. With money received from the loan Ayatkan wants to purchase a horse for breeding. --- 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.