A loan of $900 helped a member to purchase cattle.

Muyassarkhan's Group's story

Muyassarkhan, 39, is the leader of this group. She resides in the small town of Aravan in the south of the republic. For the past 15 years, her daily routine has consisted of feeding and watering the cattle, taking it on high pastures to get sun and fresh air and then back to the shed. Cattle breeding is not Muyassarkhan's only activity; she has also graduated with a degree in medicine and has been working in this sphere for almost two decades. Since the monthly income of medical personnel is only 7,000 soms, Muyassarkhan attempted to find an additional source of income. She invested 5,000 soms of family savings to purchase her very first heads of cattle. She did her best to promote the business and soon, thanks to generated profits, she managed to make repairs to her house and expand her herd. Cattle breeding and resale take much time and energy and brings 4,000 soms monthly. Muyassarkhan has many plans for the future, including providing college education for three of her children and opening a grocery store and a small pharmacy.

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 on the basis of the 3-Ps concept: People (building human capital and taking care of its customers and society as well), Profit (to be profitable in order to grow further), and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a video presentation about the organization, please visit: 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 www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.

In this group: Muyassarkhan , Adolatkhon, Nafosatkhon, Sahodatkhon
*not pictured

Loan details

Lenders and lending teams

Loan details