A loan of $1,275 helped a member to purchase stationery.

Cholpon's Group's story

Cholpon U. is the leader of this group. She is 37 and married to a tax inspector. In order to earn money to cover family expenses, Cholpon sells stationery at the market. She started this business a year ago with the initial investment of 20,000 soms. Now she earns 8,000 soms per month. That profit made it possible for her to purchase a computer and furniture for her home. With money received from the loan, she wants to purchase more stationery in order to increase the turnover of her business. In the future, Cholpon plans to purchase a container in order to expand her business activity.

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 "P" 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 , Ainura, Aslanbek, Kudaiberdi

Loan details

Lenders and lending teams

Loan details