A loan of $1,600 helped a member to purchase apples for resale.

Chynar's Group's story

Chynar B. is the leader of this group. She is a resident of Bokonbaevo, a nice village in Isykul region. She is 34 and married to a constructor. Together they bring up a son, 7, who studies at school. In order to earn money to cover family expenses with the initial investment of 15000 soms Chynar started to sell apples a year ago. In this way, she earns 6000 soms per month. That profit made it possible for her to save money and make house repairs. Chynar hopes to obtain the loan because she needs money to purchase one ton of apples in order to increase the turnover of her business. In the future she wants to purchase a vehicle.

--- 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: Chynar, Erkingul, Rkiya, Asylbubu

Loan details

Lenders and lending teams

Loan details