A loan of $1,500 helped a member to purchase a computer.

Dinara Chilpakbaeva's Group's story

Every country in the world is unique in its own way. Kyrgyzstan is no exception. It’s famous for its colorful culture and traditions. Many women are talented in designing clothing and accessories. Handmade souvenirs, carpets and national costumes cannot leave anyone indifferent. Small sewing businesses have turned into big fashion industries, which bring profit both to Kyrgyz entrepreneurs and foreign buyers.

Dinara C., 32, is a unique designer of national souvenirs. Dinara, her husband and their two children are residents of Tokmok, a small town in the northern part of Kyrgyzstan. Since her early childhood, she watched her mother make these Kyrgyz traditional handmade souvenirs. Now she works in a small firm “Kiyal”, where she has an opportunity to sell her products. Dinara’s husband is involved in construction and repairing buildings. Her mother helps her out with taking care of the children while she is at work. If the family is fortunate enough to get this loan, they plan to purchase a computer. They would also like to broaden their business by opening their own workshop.

Mirlan C., 35, earns a living by reselling livestock. He is married and his wife helps him in taking care of the livestock. The purpose of his loan is to purchase additional livestock.

Paktagul J., 50, owns a sauna. This business has helped her for many years. She is requesting a loan to buy coal and heat the sauna to attract more customers.

Saadat O., 18, sells jeans clothing in the nearby town of Almaty, Kazakhstan. She plans to spend this loan on additional goods and improving her newly bought apartment.

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 the 3-Ps concept: People (building human capital and taking care of its customers and society as well), Profit (to be profitable in order to grow further), and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that 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: 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 – at www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.

In this group: Dinara , Mirlan , Paktagul , Saadat

Loan details

Lenders and lending teams

Loan details