Funded

Total loan: $1,500
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Tursunoi's Group

Kyrgyzstan
Aravan, Kyrgyzstan / Farming

A loan of $1,500 helped a member to purchase fertilizers and potato seeds.


Tursunoi's Group's story

The Southern part of Kyrgyzstan is proud to have rich land for cultivating many crops. Agriculture is so important in the economy of the country that even the national emblem displays wheat and cotton, known as “white gold”. Along with wheat and cotton, other cultivations are being developed such as vegetables, fruits, and grains.

Tursunoi N., 53, is the leader of this group. She has been active in farming for fourteen years. At this moment she’s getting ready to prepare land to plant potato seeds. Tursunoi started the farming business fourteen years ago with wheat cultivation on land that she possessed after the privatization. She invested 890 soms into her business start-up, which was a rather significant amount at that time. Now she earns an income of 3900 soms every month. She hopes to obtain this loan to purchase fertilizers and potato seeds. Tursunoi’s sons are in Russia at this moment, and promise to assist her financially so that she will be able to repay this loan.

--- 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: Tursunoi , Mukadammhon, Muhabbathan, Zohrohon
*not pictured


Loan details

Loan length:

14 months
Disbursed date: December 6, 2010
Facilitated by Field Partner: MCC Mol Bulak Finance LLC

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 6, 2010
Facilitated by Field Partner: MCC Mol Bulak Finance LLC