Funded

Total loan: $900
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Zurakan's Group

Kyrgyzstan
Tokmak, Kyrgyzstan / Fruits & Vegetables

A loan of $900 helped a member purchase fruits and vegetables.


Zurakan's Group's story

Zurakan is the treasurer of this group. She is 49 years old and unfortunately is a widow. She has raised five children, all of whom are employed.

Ten years ago, with an initial investment of 5000 soms, Zurakan started to sell fruits and vegetables at the market. The retail trade of fruits and vegetables brings her enough money to meet her daily needs. She applied for this loan because she needs additional funds to increase the commodity turnover for her business. With the money received from the loan, Zurakan will purchase more fruits and vegetables to sell. In the future, with the profits gained from the business she plans to purchase a container.

--- 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: Zurakan, Aida, Gulnaz
*not pictured


Loan details

Loan length:

7 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: MCC Mol Bulak Finance LLC

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: MCC Mol Bulak Finance LLC