A loan of $1,575 helped a member to purchase cattle.

Gulmira's Group's story

Gulmira, 40, is the leader of this group. In Toktogul, a small northern town in Kyrgyzstan, Gulmira worked for almost 20 years as a medical worker saving human lives. But now she is an experienced doctor and a mother of six children. The 40-year-old widow speaks in a cheerful voice of how delighted she was to try out a sphere other than medicine. Six years ago, when she found herself to be the only breadwinner in the family, Gulmira started a new business: breeding cattle. She went to a local cattle yard and bought a young calf for 6,000 soms. After a while, the cattle grew and she resold it at a higher price. Soon the business turned out to be quite profitable, so that Gulmira received 4,000 soms of profit while still working in a hospital. The purpose of Gulmira’s loan is to purchase more cattle to resell.

--- 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: Gulmira, Kulzada, Kalima, Jyldyzkan

Loan details

Lenders and lending teams

Loan details