A loan of $1,550 helped a member to purchase cattle.

Nazira's Group's story

Nazira, 34, is a member of this group. She resides in the small town of Kerben in northern Kyrgyzstan. Nazira is married to a farmer and they have three young children. Unfortunately, Nazira doesn’t get to see them during the day due to her occupation of cattle reselling. Most of her time is spent on taking care of the cattle and taking them to a stockyard for reselling at a good deal. She got involved in this activity two years ago following the advice of her sister and invested start-up capital of 28,000 soms. She has spent the generated profit well, by buying electrical appliances and improvements for the house. Currently she receives 10,000 soms a month and hopes to save enough for the purchase of a car in the future. The purpose of the loan is to invest back in the business for the turnover of capital.

--- 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: Nazira, Gulbaira, Kenjekan, Nurjan

Loan details

Lenders and lending teams

Loan details