A loan of $1,150 helped a member to purchase building materials for her shop.

Venera's Group's story

Venera is the leader of this group. She is 39 and she is divorced. She brings up two sons and a daughter. The daughter studies at university and the sons go to school. Venera works in a microfinance company; in 2003 she purchased a house with a garden. Since that time she has been cultivating agricultural products. Selling some part of the harvest she earns additional 3000 soms to meet the family needs. With the profits gained from the trade she started building a shop. Venera applies for the loan because she needs additional funds to purchase building materials to finish a construction of the shop. In the future she plans to finish the construction and lease it out to diversify her sources of income and for making additional money to family budget.

--- 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: Venera, Saadat, Tilek

Loan details

Lenders and lending teams

Loan details