A loan of $1,750 helped a member to buy five sheep in order to resell them later.

Saltanat's Group's story

A person, who has just started his business, has to know that what he/she is undertaking requires at least as much attention as a person who is trying to build a house with playing cards. Any move, breath, or an awkward gesture can tumble the house. However, provided that needed care, patience and labor is given, the output is a lot more valuable than just a house made of cards. Saltanat T., 29, is the leader of this group. She is unemployed as she has to stay at home with the children. Her husband is a new entrepreneur. He buys sheep in a mountain region, brings them to town, and sells them at the cattle market. He used to do another job, but because of health problems had to get a leave without pay. On one hand he is happy as he has started his business earlier than he thought. If he were to have got this leave later, the opportunities would not be as abundant as this time. Saltanat has applied for this loan to help her husband buy five sheep, bring them to town, and resell them.

Saltanat’s partners are:

Ainakan A., 49, is a wife of a private builder. Ainakan trades in fish and her monthly income is $240. She hopes to obtain this loan and buy tools for her husband and purchase fish for sale.

Kubanychbek S., 33, has two children. His wife trades in cell phone cards. Kubanychbek provides for his family by working as an operator at a gas station. He also works as a taxi driver and at weekends he trades in sheep at the cattle market. Kubanychbek needs a loan to buy sheep.

Begayim A., 29, is a mother of two children. Her spouse is a general worker. Begayim is a cook in a kindergarten. She has applied for this loan to buy a car so that her husband could work as a taxi driver.

Kylychbek C., 31, has a son. His wife works as a school teacher. He earns his family’s living by working as a builder. He needs a loan to buy tools for his work.

--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.

Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who delivers its services to customers 365 days a year. To learn more about Mol Bulak 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 micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak staff.

In this group: Saltanat, Ainakan, Kubanychbek, Begayim, Kylychbek

Loan details

Lenders and lending teams

Loan details