A loan of $1,175 helped a member to purchase clothes and one cattle.

Sharipakhan's Group's story

Kyrgyzstan benefits greatly from having China as a neighbor. With a flourishing economy, China sees Kyrgyzstan as a bridge for export to Europe and the Middle East. An overwhelming majority of goods in Kyrgyzstan are imported from this growing neighbor. China exports a vast variety of consumer goods, which lets many entrepreneurs in Kyrgyzstan run their businesses without having to cross the borders and leave the country.

Sharipakhan U., 51, is the treasurer for this loan group. She is a widow and a mother of a seventeen-year-old son. She works in a government department, and runs a small retail business selling clothing on the weekends. Her wholesaler delivers clothing and shoes from the town of Kara Suu, which is several hours away from her hometown.

Being a year in business bore fruits, and Sharipakhan could afford to purchase new carpets and a TV set from her business earnings. She has many plans for the future, which include giving an education to her son, expanding her business, and maybe opening her own boutique. She is requesting a loan to purchase more wholesale clothing and shoes and also a head of cattle to resell.

--- 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: Sharipakhan, Albina, Uulkan, Kulumkan

Loan details

Lenders and lending teams

Loan details