A loan of $450 helped a member to purchase a baby carriage.

Olmaskhan's Group's story

Olmaskhan, 42, is the leader of this group. For twenty years she has been running a dairy business, distributing milk and homemade milk products to regular buyers. It took much effort and trying several different types of businesses before she focused on milk production.

For a long period of time, Olmaskhan was a farmer, gathering crops each fall. She later switched to retail, selling food products in a local market. After that, she bought cattle and made the first attempts at milk retail. The business was started with the small amount of 5,000 soms. She now makes twice that amount each month. Olmaskhan has two young kids and, not long ago, gave birth to a third child. The toddler needs care and good conditions. Olmaskhan hopes to receive her portion of the loan, which she will spend on the purchase of a baby carriage.

--- 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 (being 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: Olmaskhan, Nurjamal, Jyldyz

Loan details

Lenders and lending teams

Loan details