Total loan: $750

Kanyshai's Group

Kadamjai, Batken Province, Kyrgyzstan / Housing

Kanyshai's Group's loan finished fundraising, but these other borrowers need your support

A loan helped to purchase building materials.

Kanyshai's Group's story

Kanyshai is the leader of this group. She is 53 and, unfortunately, she is a widow. She has raised two daughters and two sons. The daughters are married and live separately with their families and the sons help Kanyshai run the family business. Kanyshai works as a teacher; in parallel with her job she sells children’s clothing. She started this business five years ago with the initial investment of 10 000 soms. Her friend, who has been in this business for a long time, helped in the initial stages. At the moment Kanyshai’s monthly profit is 10 000 soms. She applied for the loan because she needs additional funds to repair her house. In the future she wants to see her sons get married. --- 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.