A loan of $600 helped a member to purchase two sheep for breeding.


Karagyz's Group's story

Karagyz is the leader of this group. She is 60 and married to a retiree. With her husband this brave woman has raised ten children. Two younger sons live with their parents and help them with housework. Thirteen years ago, with an initial investment of 10000 soms, Karagyz started to sell potatoes and apples. With the profits gained from the trade Karagyz was able to save money to purchase a vehicle for his son. Some profits she invests in livestock breeding. Reselling livestock after fattening she earns an additional 3000 soms per month. With money received from this loan she wants to purchase two sheep for breeding, fattening and resale. In the near future she plans to start repairing their house.

--- 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: Karagyz, Batmakan, Sadyk


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Loan details