A loan of $1,125 helped a member to purchase beverages, cookies and canned goods.

Baktygul's Group's story

Baktygul is the leader of this group. She is 32, and together with her husband, she brings up two children. The older son studies at school and the second children is preschool age (under 7). Baktygul works at school as a teacher of the Kyrgyz language and literature. Seven years ago, with an initial investment of 5000 soms, the family opened a pavilion where they sell grocery goods. In this way, they earn about 7000 soms per month. This profit made it possible to purchase home furniture and cattle for breeding. With money received from the loan, Baktygul wants to purchase more products, such as cookies, canned goods, beverages, etc. In the future, with the profits gained from the trade, she wishes to buy a vehicle to decrease their transportation expenses.

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 institution 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: Baktygul, Jazgul, Samagan

Loan details

Lenders and lending teams

Loan details