A loan of $675 helped a member to purchase watermelons.

Moldaly's Group's story

Moldaly is a member of this group. He is 45 and married. In order to cover his daily needs, he began to sell fruits and vegetables at the market three years ago, with an initial investment of 22,000 Kyrgyzstani soms (KGS). At the moment, his monthly profit is 8,000 soms. With money gained from his trade, Moldaly was able to purchase a cow for breeding. He applied for the loan because he needs additional funds for purchasing watermelons in order to increase the commodity turnover of his business. In the future, Moldaly plans to save money to purchase a vehicle and decrease some transportation expenses related to his business.

--- 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 and upholds the triple bottom line—People (building human capital and taking care of its customers as well as society), Planet (being 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—at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from the MBF staff.

In this group: Moldaly, Nurjan, Guljan

Loan details

Lenders and lending teams

Loan details