Funded

Total loan: $1,550
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Gulbaira's Group

Kyrgyzstan
Toktogul, Kyrgyzstan / Grocery Store

A loan of $1,550 helped a member to purchase goods for sale.


Gulbaira's Group's story

Gulbaira J., 42, is the leader of this group. She lives in the town of Toktogul, famous for having the biggest water reservoir in Kyrgyzstan. She is married and has three children. Gulbaira owns a small shop where she sells groceries, helped by her 17-year-old daughter. In the past six years, she has managed to open a shop and build a temporary building by her house. She would like to use this loan to increase the circulation of goods and add office supplies to her shop. If she succeeds, she plans to open a bigger shop.

Microcrediting helps poor regions of the world increase entrepreneurship and have steady employment. Microcrediting is a source of future growth, ending poverty and gaining credibility in the mainstream of the finance industry. It builds income and wealth and eliminates poverty. Microcreditors build trust and help during difficult times.

--- 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: Gulbaira , Elmira , Nurzada , Asan
*not pictured


Loan details

Loan length:

12 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: MCC Mol Bulak Finance LLC

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: MCC Mol Bulak Finance LLC