A loan of $900 helped a member to purchase building materials.

Begaim's Group's story

Begaim, 46, is a leader of this group. Living in a remote, isolated village of Mangyt in Southern Kyrgyzstan she has been working in a local medical laboratory for twelve years. She is known among the village dwellers not only as a caring medic and a mother of five children, but also as a promising farmer with extensive experience in entrepreneurship. Begaim and her husband, who is a tractor driver during the agricultural season and a construction worker the rest of the year, have two younger children, who are still financially dependent on them. The house the family is living in is fairly old and any furnishings made were helpless. Now is the time for construction of a new small-sized house, however 8 000 soms salary earned by Begaim cannot cover both family expenses and the purchase of inputs for construction. “A loan from Kiva was the best option for me and my family,” she says. Right after receiving funds from Kiva lenders, Begaim looks forward to purchase the construction materials, like cement for laying the foundation of the house.

--- 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: Begaim, Jyldyz, Fatima

Loan details

Lenders and lending teams

Loan details