A loan of $1,300 helped a member to purchase a cow.

Kanygul's Group's story

Kanygul S., 44, is the treasurer of this group. She is a resident of Kadamjai, a small town in the southern part of Kyrgyzstan. Just like most of the residents, Kanygul raises cattle. For many years, Kanygul raised cattle just for family purposes but her husband advised her to try starting a business in this sphere. Now, she has two heads of cattle and runs a slow business. Her husband is a cab driver, her oldest son is in Russia to earn a good income, her second son is in the army, her daughters live separately and her youngest son helps to take care of the cattle. Twenty years ago, the business was started from only 2,000 soms and since then, the family has managed to make major repairs to the house and arrange wedding ceremonies for their daughters. Now, Kanygul would like to start a dairy business and she has applied for this loan in order to do so. She hopes to get a loan and to use the proceeds to purchase a car for her son so that he can work as a cab driver.

--- 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: Kanygul , Shamshidin, Meervan, Abdyrazak

Loan details

Lenders and lending teams

Loan details