Total loan: $475
Balykchi, Issyk-Kul Region, Kyrgyzstan / Transportation
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Damira'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 a car to use as a taxi.
Damira's Group's story
Damira, 43, is the leader of this group. She is married and has three children, the youngest of whom is 15. Damira is an accountant and her husband is a security officer in the same company. The monthly income for the family is 6,000 soms. Damira’s husband is looking forward to starting to drive a cab in his free time from work. In order to do this, he has found a suitable automobile in good condition; however, the price isn’t affordable for the family. Damira was in despair, until her oldest son, who is employed in the banking sector, suggested that she learn about the project Kiva. With much excitement, Damira learnt about all the conditions of the loan and applied for the loan through Kiva’s field partner in Kyrgyzstan, Mol Bulak Finance. Damira has high hopes of financial assistance from lenders, because it would help her in a big way in the purchase of an automobile. --- 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.