A loan of $850 helped a member to purchase turkeys.

Gulumkan's Group's story

Independent entrepreneurship is the most preferred manner of doing business. It brings chances for self-development, taking risks and managing your personal finance.

Gulumkan C., 26, is a leader of this group. She resells poultry, mainly turkey. The whole idea belongs to her mother-in-law, who has had a good experience raising poultry. Peak sales of turkey were on New Year’s Eve. The revenue raised from sales helped the family obtain a nice gift of furniture for the house. Gulumkan succeeded to increase returns up to 25,000 soms and have 4,000 soms of income per month. Gulumkan’s diligence and patience have paid off. Now she applies for a loan from Kiva with the purpose of buying some more turkey for further reselling.

--- 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: Gulumkan, Kulnara, Kanyshai, Durusbek

Loan details

Lenders and lending teams

Loan details