A loan of $750 helped a member to purchase flour.

Anargul's Group's story

Anargul B., 53, is the leader of this group. She resides in Kadamjai, a small town in the Southern Kyrgyzstan. Out of her four children, her 11 year old daughter is the only one financially dependent upon her.

For the past twelve years, Anargul has been running a business of baking and retailing bread and other baked goods. She uses unique recipes taught to her by her mother. This allows her bakery to stand out from other bakeries by its special taste quality. Anargul has worked out strategies of cost cutting and a more efficient production, which makes her bread affordable and allows her to acquire competitive advantage. Anargul thanks her friend, whose advice she followed.

A monthly income of 4,000 soms allowed her family to purchase an automobile, which helps Anargul’s husband start cab driving. She plans to use the loan as an investment in the business. For the generated profits she would like to build a small grocery store.

--- 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: Anargul , Nurgazy, Gulmira

Loan details

Lenders and lending teams

Loan details