A loan of $1,500 helped a member to purchase livestock.

Sairan Rysbaeva's Group's story

Sairan R., 49, is the leader of this group. She is a mother of four children, the oldest of whom is 19 years old. For six years, since the start-up of her business, Sairan and her children have worked hard for the major part of the daytime. The family buys young calves, breeds them and resells them at a higher price. Sairan says that the hardest part is covering all the costs related to feeding and providing healthy conditions for cattle breeding. Approximately every month, Sairan takes a head of cattle for sale to a local market. A couple of years ago she increased her stock from three heads to ten heads. The initial capital of 4,000 KGS was returned in a month of operating the business. Sairan believes in a bright future for her business, therefore decided to broaden her stock by applying for a loan from Kiva.

Where did this loan come from?

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan. Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of the 3-Ps concept: People (building human capital and taking care of its customers and society as well), Profit (to be profitable in order to grow further), and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a video presentation about the organization, please visit: 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 – at www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.

In this group: Sairan , Sabira, Burulcha, Almazbek, Almagul

Loan details

Lenders and lending teams

Loan details