A loan of $1,525 helped a member to purchase more clothes to sell.

Oltinoi's Group's story

Oltinoi J., 37 and divorced, is the treasurer of this group. She takes care of two daughters, one 14 years of age and in school, and one under seven who is not yet attending school.

Three years ago, with an initial investment of 5000 soms, Oltinoi started selling a variety of women’s jackets, skirts and dresses in the market and now earns 8000 soms per month. With the business profits, Oltinoi has improved her family's living conditions and paid for her daughter's school tuition. She has applied for this loan in order to purchase more clothes to sell. In the future Oltinoi plans to expand her business and dreams of opening her own 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: Oltinoi, Sharipahan, Hilolahon, Mairamhan

Loan details

Lenders and lending teams

Loan details