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

Upol's Group's story

Upol I., 69, is the leader of this group. She is a resident of the small village of Kochkorka and has three children, the youngest of whom is 8 years old. Her oldest son helps her in cattle breeding and in feeding and taking the cattle to the closest cattle market. Upol initiated and started the business 19 years ago with an initial capital of about 10,000 KGS. The investment was not in vain because nowadays the return is 5,000 KGS per month. The profits helped Upol purchase home appliances and increase the number of cattle. Upol applied for this loan in order to purchase additional heads of cattle. In the future, she would like to use the returns from the business to finish construction of a temporary structure.

--- 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: Upol, Ainagul, Joldoshbek

Loan details

Lenders and lending teams

Loan details