A loan of $1,525 helped a member to purchase five farm animals.

Jerendi's Group's story

Jerendi K. is the leader of this group. She is 48 and, unfortunately, she is a widow. She has raised two sons and a daughter. Her first son works in construction in Bishkek, the second works in Kazakhstan, the daughter is married and lives separately with her family. Five years ago, with the initial investment of 10000 soms, Jerendi bought two calves for breeding. Currently, to meet her needs, she sells 5-6 liters (10 soms per liter) of milk every day. In this way she earns about 3000 soms per month. With the loan, she wants to purchase five farm animals for breeding. In the future Jerendi wishes to expand her business to be able to financially support her children.

--- 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: Jerendi , Sveta, Asel, Chynarkul

Loan details

Lenders and lending teams

Loan details