A loan of $1,925 helped a member to purchase raw materials.

Zuura's Group's story

Zuura J., 59, is a leader of this group. Her whole life was spent in a hometown of Balykchy, which is translated from Kyrgyz language as “fisherman”. The town used to be a major industrial and transportation center, but most of its activities stopped after the collapse of the Soviet Union. Zuura is one of 40 000 people, who stayed in a town regardless of the difficult economic times. Zuura pursued a major in medicine and has been curing people for a major portion of her life. She works in a diagnostic center of a local hospital, and gets paid 2,000 soms monthly, and receives additional help of 2,700 from social fund. Zuura lives with her husband and a 13 year old son. She applied for this loan to help push forward her husband’s business. It was started six years ago, when her husband invested all his return from driving a cab in acquisition of raw material for his new business. Zuura’s husband is very handy and makes various types of furniture, household appliances and trailers for trucks. Business is well-advanced now and the family already opened its own workshop. It made her husband’s work more comfortable and effective. The proceeded return of 8 000 soms unfortunately is not enough to accomplish all orders that he is receiving now. Therefore Zuura asks for a loan in order to purchase raw materials such as ironmongery, pipes, plywood and planks.

--- 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: Zuura, Aisalkyn, Kerez, Venera, Tokto

Loan details

Lenders and lending teams

Loan details