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

Cholpon's Group's story

Cholpon is the leader of this group. She is 41 and divorced. She is bringing up three daughters. The oldest daughter studies at university and the others are at school.

Cholpon used to work in the hospital. She saved some money and purchased livestock. She started to breed livestock a year ago with an initial investment of 10,000 KGS. Reselling livestock after fattening, Cholpon earns 5,000 KGS per month.

She applied for the loan because she needs additional funds to increase the number of livestock. In the future, with the profits gained from the business, Cholpon plans to purchase a vehicle.

--- 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: Cholpon, Jyldyzkan, Nasikat

Loan details

Lenders and lending teams

Loan details