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

Nargiza's Group's story

Nargiza S. is the leader of the group. She is 31, married. Together with her husband, who makes his livelihood by working as a private builder, grows up 3 children, all of them are school pupils. The main source of family incoming gets out of trading: the family sells fruits and vegetables by retail. This business has been started 19 years ago after allotment. Out of profits they have managed to build a house and to obtain a milk cow. Further plans include obtaining cattle for further fattening and breeding, for this purpose the family hopes to get a loan. In future they want to finish house building, then to give children proper education and to develop the business.

Nargiza’s partners:

Gulumkan T. is the treasurer of the group. She is 31 and married. Her family has 3 daughters. The family currently cultivates corn and cotton-plants. This year, the ground is being prepared for sowing wheat. The loan purpose is to obtain the necessary equipment for ploughing and fertilizing the ground.

Abduvohop M., 42, is married. His family has 4 children. The family is engaged in trading. They retail in food items and also breed cattle. The loan purpose is to increase the cattle stock and to enlarge the retail goods assortment.

Ainura I., 23, is married. She and her husband have a daughter. The family is engaged in farming clover, corn and cotton. The loan purpose is to purchase a TV set.

--- 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: Nargiza , Gulumkan , Abduvohop , Ainura

Loan details

Lenders and lending teams

Loan details