A loan of $1,125 helped a member to purchase clothes for trade.

Mihrai's Group's story

Mihrai is the treasurer of this group. She is 41 and married to a baker. Together with her husband she brings up a daughter and a son. The son helps his dad in running the business and the daughter, 7, is going to enter school this year.

Four years ago, with an initial investment of 20,000 soms, Mihrai started to sell women clothing on the market. She earns 10,000 soms per month and this profit made it possible to improve the family’s living conditions. Mihrai applied for the loan because she needs additional financial funds for purchasing more clothes in order to increase the assortment of goods. In the future Mihrai wishes to save money for purchasing a new house.

--- 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: Mihrai, Nuraiym, Almagul, Gulzat

Loan details

Lenders and lending teams

Loan details