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100%

funded

Total loan: $1,700

Nazgul

Flag of Kyrgyzstan
Toktogul, Jalal-Abad Region, Kyrgyzstan / Agriculture

Nazgul's loan finished fundraising,
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A loan helped to purchase cattle.


Nazgul's story

Nazgul, 39, is a resident of Tup, a small, nice village in the west of Kyrgyzstan. She is married to a cab driver and has six children. For the past ten years, Nazgul has been busy with a dairy business. Every morning she receives 15 liters of milk and distributes it to her regular customers. She also cultivates land and resells cattle. Nazgul’s business was started with an initial capital of 15,000 KGS and she earns a monthly income of 5,000 KGS. She has used her savings to purchase farming equipment and an automobile, and to repair her house. Nazgul is requesting a loan to purchase three cattle to fatten and resell. --- 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.