Tilla E. is a resident of Kadamjai, a nice town in the south of Kyrgyzstan. She is 63 and married. She has a son who is 31, married and lives separately with his family. Tilla and her husband are retired; they own 1.3 hectares of land and grow rice and tobacco to make money. They have been involved in farming since 1995, when the collective farms broke up. Tilla earns 4,600 KGS per month selling tobacco and part of the harvest. This profit made it possible for her to save money to purchase a vehicle and cows to increase the number of cattle. With money received from this loan, Tilla wants to purchase 1.5 tons of mineral fertilizers which are needed for farming. In the future, she plans to build a shed for cattle.
--- 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.