A loan of $1,550 helped a member to purchase 100 kg of sugar, oil and detergents.

Asel's Group's story

Five years ago, with an initial investment of 15,000 soms, Asel started to sell grocery goods. Asel is 37 and married to a construction worker. Together with her husband, she is bringing up two sons and a daughter who are studying at school. She earns about 4,000 soms per month. Her profit made it possible to increase commodity turnover and to purchase a fridge to improve their living conditions. With money from this loan, Asel wants to purchase 100 kg of sugar, oil and detergents. In the future she wishes to expand the store.

Asel is the treasurer of this group.


Where Did This Loan Come From?

This loan is brought to you by Mol Bulak Finance (MBF), a young and ambitious 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 micro-finance 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 the Kiva Fellows in Kyrgyzstan and the MBF staff.

In this group: Asel, Dinara, Gulmira, Aidana

Loan details

Lenders and lending teams

Loan details