Total loan: $1,075
Kochkor, Naryn Region, Kyrgyzstan / Agriculture
Flag of Kyrgyzstan
Temirlan'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 livestock.
Temirlan's Group's story
Temirlan S. is a member of this group. He is a resident of Kochkor, a nice village on the south coast of Lake Isykul. He is 27 and married. Two years ago, with an initial investment of 10,000 soms, her started to breed livestock animals and resell them at a higher price after fattening. In this way he earns 6500 soms. That income has made it possible for his family to save money and open a kiosk. With money received from the loan he wants to purchase five more livestock animals in order to resell them after fattening. In the near future, Temirlan plans to repair his house and then save money to purchase a piece of land in Bishkek to start building a new house. --- 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.