Total loan: $1,550

Jibek's Group

Flag of Kyrgyzstan
Bokonbaevo, Issyk-Kul Region, Kyrgyzstan / Services

Jibek'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 wool, fabrics and materials.

Jibek's Group's story

Jibek is the leader of this group. She is 56 and, unfortunately, a widow. Nine years ago, with an initial investment of 1,000 KGS, Jibek started to breed livestock. She resells the livestock after fattening, earning about 3,000 KGS per month to meet her daily needs. She has raised a son who helps her in running this business.

At the moment Jibek plans to start taking orders for sewing Kyrgyz national clothing, blankets and pillows. With money received from this loan, she wants to purchase wool, fabrics and materials. In the future, Jibek plans to open a private sewing workshop. --- 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.