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Total loan: $1,825
Balykchi, Issyk-Kul Region, Kyrgyzstan / Clothing
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Larisa's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase school uniforms for trade.
Larisa is the treasurer of this group. She is 46 and married to a pensioner. Together they have raised a daughter who is 22 years old. She studies at the university, and at the same time she works in a sewing workshop. Nine years ago with an initial investment of 5,000 soms Larisa started to sell children's clothes and hosiery. At this time her business is running well. She purchased a container (used as a retail stall) and improved the family’s living conditions. Larisa applied for the loan because she needs additional financial funds to purchase school uniforms in order to increase the commodity turnover of her business. In the future she wants to build a house in Bishkek for her family. --- 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.