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

Gulmira's Group's story

Gulmira is the treasurer of this group. She is 44. She and her husband, who works in the glass factory, are raising two daughters and a son. The son graduated from school this year, the older daughter is studying, and the younger daughter is preschool age (under seven).

In order to earn additional money for the family budget, Gulmira breeds livestock and resells it at a higher price after fattening. She started this business two years ago with an initial investment of 10,000 Kyrgyzstani soms (KGS). She plans to use the money received from the loan to purchase sheep to increase her number of livestock. In the future, she wants to save money to purchase a vehicle.

--- 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 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: Gulmira, Alla, Janyl, Kulnara

Loan details

Lenders and lending teams

Loan details