A loan of $1,600 helped a member to purchase raw materials.

Bakytbek's Group's story

Sculptures from times of Soviet period and of Kyrgyz Independence period made by famous Kyrgyz sculptors and architects can be seen in most of the city parks of Kyrgyzstan. Our following creditor is very unique, because he creates pieces of art.

Bakytbek K., 42, is a member of this group. Being inspired by successful people and historical events, Bakytbek always felt comfortable expressing his emotions in clay. Sculptures have been his passion since early childhood, when he used to make figures from sand on the beach at Lake Issyk Kul. He tried working on monuments and plates with inscriptions, and realized he could turn his hobby into a business.

To Bakytbek’s surprise, this business started developing at a high pace. Now he has orders almost every day and is quite busy. Seven years have brought good results. At this moment Bakytbek earns 7,000 monthly, which supports his wife and four children financially. The purpose of his applying for a loan is to purchase raw materials for accomplishing more orders from customers. Bakytbek is very thankful to lenders, because it gives him the opportunity to express his inner world and make a living through his favorite occupation.

--- 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: Bakytbek, Zulumbek, Bubukalipa, Kenjebu

Loan details

Lenders and lending teams

Loan details