A loan of $1,150 helped a member to purchase beverages, detergents, cookies, etc.

Nazgul's Group's story

Nazgul is the leader of this group. She is 27 and married to an electrician. Together with her husband, she brings up three children; the older one studies at school and the other two are preschool age (under seven).

A year ago, Nazgul sold a harvest and with an initial investment of 10,000 KGS, she opened a pavilion, where she sells grocery goods. At the moment a trade in the pavilions runs well. The monthly profit is about 11,000 KGS. With money received from the loan, Nazgul wants to purchase more products in order to increase the variety of goods she sells. She plans to purchase more beverages, cookies, chocolate, detergents, etc.. In the future, she plans to start repairing 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: Nazgul, Gulmira, Reina

Loan details

Lenders and lending teams

Loan details