Total loan: $2,000

Gulmira's Group

Flag of Kyrgyzstan
Tup, Issyk-Kul Region, Kyrgyzstan / Agriculture

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A loan helped to purchase livestock.

Gulmira's Group's story

Gulmira A., 47, is the leader of this group. She is married and has seven kids, the youngest of whom is 14. With the help of her husband and children, she runs a family business. She has been a farmer for 18 years. Recently the revenues from a rich harvest were spent on purchasing livestock. Now she is learning the techniques of looking after cattle. Her initial capital was 3 000 soms and her monthly revenue is 6 000 soms. The purpose of the loan is the purchase of three head of livestock for further reselling. Gulmira would really like to do major repairs on her house in future. --- 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.