A loan of $1,125 helped a member to purchase home appliances.

Aliya's Group's story

Women entrepreneurs make a significant contribution in the development of the business sphere, both on a local and country level. Since the opening of the large retail and wholesale market Dordoy, thousands of entrepreneurs rushed for new opportunities to make money.

Aliya, 27, is a leader of this group. For more than six years, she has been one of the 20,000 entrepreneurs who were employed in Dordoy. She sold clothing apparel and shoes. This experience has helped her obtain knowledge and skills about trade and communication with various types of clients.

Recently, Aliya moved to her hometown Balykchi, where she bought a spot in a newly built market. The total start-up capital resulted in 10,000 soms. Aliya is divorced and has a 7-year-old daughter. Currently, she needs to buy necessary electronics for her home. For this purpose, she requests a loan from Kiva lenders.

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 "P" 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: Aliya, Ayanna, Shergazy

Loan details

Lenders and lending teams

Loan details