A loan of $1,525 helped a member to purchase clothes.

Guljamal's Group's story

Guljamal is a member of this group. She is 52 and unfortunately, she is a widow. She has raised four children. All of her children except the youngest son live independently from Guljamal. Ten years ago, with an initial investment of 2,000 soms, Guljamal started a wholesale fish business. She supplies fish to the stores and in this way, she earns about 12,000 soms per month. This profit made it possible to save money to purchase a vehicle for her son. At the moment, she needs money to purchase clothes for herself. Thus, she applied for the loan from “Kiva”. In the future, she hopes to expand her fish sales business and plans to invest money in cattle breeding.

--- 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: Guljamal, Jyldyz, Kunduz, Daniyar

Loan details

Lenders and lending teams

Loan details