A loan of $1,200 helped a member to purchase calves.

Chabagan's Group's story

Chabagan K. is 50 years old and a leader of this group. She is a resident of Tokmok. For many years, Chabagan taught Russian language and literature in a local high school. Her husband is a coach in the same high school. Twelve years ago following the advice of her relatives, Chabagan purchased cattle and gave them to her younger brother for care. The initial investment was 10,000 soms with a monthly revenue of 1,000 soms. Chabagan says it is enough for every day purchases. She is requesting a loan, which she will use to purchase two calves for fattening and reselling. She hopes to have a big household in the future.

--- 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: Chabagan, Janyl, Kulzada

Loan details

Lenders and lending teams

Loan details