A loan of $1,800 helped a member to purchase lucerne seeds.

Askarbek's Group's story

Askarbek M., 52, is a member of this group. He is married and has three children: two sons and a daughter. The daughter is a student, the first son is a driver and the second earns money by repairing mobile phones. Askarbek’s wife provides sewing services. She takes orders and sews Kyrgyz national blankets, pillows, cloth and dressmaking supplies. In order to contribute money to family budget, Askarbek works as a driver and earns 200 soms a day. The family also cultivates agricultural products. With money received from the loan, Aslarbek wants to purchase lucerne seeds; for this purpose he applied for the loan. In the future, he wants to see his daughter get wed.

--- 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: Askarbek, Jyldyzkan, Zarema, Gulnara, Gulzat

Loan details

Lenders and lending teams

Loan details