A loan of $1,150 helped a member to purchase a cow.

Elena's Group's story

Elena, 48, is the treasurer of this group. She resides in the small town of Tokmok and has four daughters, one of whom is financially dependent on her. Elena’s family is a great example of a typical local family. She sells fruit in the market in the daytime and also delivers homemade milk products to her neighbors. Elena’s husband is a construction worker and is happy that Elena’s business has been successful, since it’s the main source of family income. The products which Elena retails vary with the season. Currently she sells raspberries and apples. The main achievement of the family, according to Elena, is the purchase of an apartment. She’s been in this business for five years. The purpose of Elena’s loan is to purchase a dairy cow, in order to increase the amount of milk products she can sell.

--- 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: Elena, Olesya, Munara

Loan details

Lenders and lending teams

Loan details