Total loan: $1,550

Gulkair's Group

Tup, Issyk-Kul Region, Kyrgyzstan / Agriculture

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A loan helped to purchase fertilizers.

Gulkair's Group's story

Gulkair, 42, is the leader of this group. Since her last years of high school, one of Gulkair’s big passions has been baking. “I’ve always loved to bake,” she said. "Whenever I had a chance, I’d bake something unique for my children.” The revenue from the bakery that she opened by her house initially seemed to be enough; however, Gulkair soon realized that she needs an additional source of income. It wasn’t hard to decide what activity it would be: like any resident of Tup village, Gulkair could become a farmer. Ten years ago, Gulkair started cultivating her small but rich piece of land. The fertilizers, fuel, and seeds required the initial capital of 16 500 soms. Gulkair is still cultivating land every spring and gathering rich crops in the fall. This time she plans to plant more vegetables; therefore, she needs more fertilizers. It is with this purpose that she addresses the Kiva lenders. She hopes her efforts will be rewarded with rich harvest. --- 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.