A loan of $900 helped a member to purchase feed for livestock.

Zaripa's Group's story

Zaripa, 34, is the leader of this group. She is married with three young children and is involved in livestock breeding and retail of milk products, while her husband, along with thousands of fellow countrymen, is abroad in search of a better source of income.

Zaripa devotes all her time to taking care of her livestock by taking it to pastures early in the morning, and watering and feeding it throughout the day. She seeks much support from her mother in taking care of the children while Zaripa is at work. Currently she owns a cow and calf and is actively involved in generating milk worth 200 Kyrgyzstan soms (KGS) per day. The target customers are small grocery stores located nearby and confectioner’s shops. In fact, Zaripa’s business is a continuation of long-cherished family heritage of livestock that is highly valued in local culture.

Her monthly income is 3,000 soms, with the additional income of 10,000 soms received by her husband, which has helped to make house improvements like renewing all rooms. Zaripa hopes to further develop her business successfully with the help of this loan from Kiva lenders, which she plans to spend on a purchase of food for livestock.

--- 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: Zaripa, Sonaiym, Mamasali

Loan details

Lenders and lending teams

Loan details