A loan of $1,600 helped a member to purchase additional livestock to grow her business.

Cholpon's Group's story

The most absorbing part of the “woman’s question” in the present time is the remedy for the varied sufferings of women who are without means of support. As yet, few are aware of how many sources of enterprise and industry lie open to women in areas directly connected with the family estate.

Cholpon S., 37, is the leader of this group. She, like many other women in the country, was sure that there were very few employment opportunities for an uneducated women like her. The loan from Kiva helped her understand that she can invest needed funds in cattle breeding and qualify herself to superintend a dairy farm. Cholpon has small assets of cattle, but believes she is well trained for this business. She believes that the capital provided by Kiva lenders will be an investment that will become profitable with good management. She purchased some cattle two years ago for 3,000 soms because she knew it is the closest of all within reach for a woman with the proper abilities and training. She is also very interested in studying the care of domestic animals. She learned that cattle require great care especially when young, good food, warm and dry quarters, particularly in harsh wet winters. Cholpon is the mother of four children and satisfies their basic needs. Cholpon gathered and leads this group of like-minded fellows in order to request the loan for purchasing additional heads of livestock.

--- 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: Cholpon , Nurjigit, Aisalkyn, Ernis

Loan details

Lenders and lending teams

Loan details