A loan of $1,375 helped a member to purchase cattle.

Elmira's Group's story

Elmira T., 52, is a leader of this group. She lives in a village Bokonbaeva, named after a classical Kyrgyz writer. Elmira is married and has a seventeen-year-old son, who is getting ready to apply to college this year. This is a very important issue for Elmira, because she didn't have a chance to get a college degree and promised that it would never happen to her kids. Elmira believes that education will open new doors into the future for her son. She says she’s lucky to work at the same place as her husband. It allows her to spend more time with him and quickly solve various problems. She is employed as a janitor, while her husband is a security officer. Along with these jobs the family has livestock and resells them frequently. Four years of cattle resells has helped the family to make major repairs in the house and a shed. The revenue is usually spent on family needs and invested back in the business. Elmira and her group have know each other for a very long period, and are sure to repay the loan successfully. Elmira’s purpose for the loan is to invest these funds back in her business and buy some more cattle. She strongly hopes that she will soon be able to earn enough to pay her son’s tuition.

--- 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: Elmira, Jazgul, Ishengul, Mirbek

Loan details

Lenders and lending teams

Loan details