A loan of $1,100 helped a member to purchase foodstuff.


Gulniza's Group's story

Gulniza A. is the leader of the group. She is 22 and single. She makes her living by working as a seller in her sister’s shop. Two years ago they decided to start a shop to sell beverages and foodstuff. Later they cooked and sold national food in the nearer canteen. In order to purchase foodstuff for further resale Gulniza hopes to get a loan. In the future, she is planning to get the manager’s position and to get married.

Abdurahim L. is 31 and married. His wife is a seamstress. Together the couple has two children, one of whom goes to school. Five years ago his parents gave him a calf and a sheep and since then he has been engaged in cattle breeding. With the profits he purchased a sewing machine for his wife and also made house repairs. Abdurahim wants a loan to buy four livestock animals and to finish the house repairs. In the future, Abdurahim wants to purchase a house in Bishkek City.

Tatyana L. is 55 and married. Her spouse is a farmer. The couple has two daughters who are 36 and 31 years old. The elder one is a seamstress and the younger one is currently unemployed. Tatyana earns money by working as a guard and a charwoman in a school. Tatyana wants a loan to make household improvements. In future, the family is planning to make house repairs and to separate daughters.

Nazokat T. is 39, married and has two children. Her spouse, who supports the family, is a taxi driver. Nazokat works as a charwoman. Her family needs to a loan in order to make house repairs and to arrange her son’s circumcision. In the future, Nazokat is planning to finish the house repairs, plant roses around the house, and purchase a car.

--- 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.

In this group: Gulniza, Abdurahim, Tatyana, Nazokat


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