A loan of $1,325 helped a member to purchase a carpet.

Gulmira's Group's story

In order to make a living, many residents of the Kyrgyz rural areas have chosen to live abroad, while others are trying to build a future for the country by uniting efforts and talents.

Gulmira N., 48, is the leader of this group. She is married and has a sixteen-year-old son. Since her childhood, she has been very close to animals. She used to take the cattle to the pastures high in the mountains and look after them until the sun set. However, Gulmira wouldn’t have a cattle business now if not for her husband’s friend, who suggested to them to start breeding and reselling cattle three years ago.

Gulmira and her husband have come from humble beginnings to impressive results. The cycle of buying and reselling cattle has generated a considerable income for the family. With 15,000 KGS of start-up capital, Gulmira improved her business to earn 4,000 KGS per month. Gulmira is planning to constantly improve her living conditions. She would like to use this loan to buy furnishings for the house. Gulmira is well aware of all conditions of repaying the loan and absolutely agrees to make the payments during the set time period.

--- 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: Gulmira , Osmonbek, Nazgul, Gulzat

Loan details

Lenders and lending teams

Loan details