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

Gulbaara's Group's story

Gulbaara is the leader of this group. She is 56 and unfortunately she is a widow. She has raised four children; two older sons are married and live separately with their families, the third son works in Korea and the youngest son is in Russia.

Gulbaara works as a librarian, and when she has free time she is engaged wholesaling fruits and vegetables. In this way she earns about 4000 soms per month. She saved some money to start repairing her house, but she needs additional funds to purchase building materials, and for this purpose she has applied for the loan. In the future Gulbaara plans to open her own grocery store.

--- 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: Gulbaara, Gulsara, Julietta

Loan details

Lenders and lending teams

Loan details