A loan of $1,525 helped a member to purchase clothes to sell.

Raima's Group's story

Loans provided by Kiva are a great opportunity especially for women, since they are one of the most unprotected part of society in many eastern countries.

Raima M., 43, is the leader of this group. A year ago she started working in clothing retail in a local market. Retail requires a big starting capital for obtaining inventory, a rental space and taxes. Raima gets her goods in a local wholesale market, where the significant part of goods are imported from neighboring countries such as China, Kazakhstan and Russia. Raima is happy with how she managed the first year in this business. Her 16 year old daughter helps her out after school and Raima has good predictions for long-term business. With the returns from her business, she purchased a dairy cow for having fresh milk products for the entire family. Raima earns 5 000 soms monthly, but it’s too little for increasing the assortment she has. A bigger volume of goods would attract more customers. She needs a loan in order to purchase more goods.

--- 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: Raima , Uraanbek, Ramilya, Nurpais

Loan details

Lenders and lending teams

Loan details