100%

funded

Total loan: $1,200

Bermet's Group

Tup, Issyk-Kul Region, Kyrgyzstan / Agriculture

Bermet'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 sheep.


Bermet's Group's story

Bermet A., 53, is the leader of this group. She and her husband, a pensioner, have a small dairy business. They have had to work hard their entire lives, mostly in low-skilled, physically exhausting jobs. They dreamed of having a dairy farm of their own and living peacefully, watching after the livestock and drinking fresh milk.

Ten years ago, the couple's dream showed the first signs of becoming a reality. They saved sizable funds and bought their first dairy cow. This purchase was very overwhelming and meaningful for Bermet’s belief and motivation. Now the business has several heads of cattle and generates a profit of 2,000 KGS monthly and up to 3-4 liters of milk daily, which is further sold for 11 KGS per liter. It’s been ten years since the start of the business, and the couple helped organize a nice wedding ceremony for their daughter. Bermet's short term goals include purchasing 2 sheep in order to diversify the household. Bermet believes in Kiva lenders’ assistance to reach this goal. Bermet's long-term goal and big wish is to build a big shed for her cattle. --- 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.