Kyrgyzstan • Micro financing
- Sector: Micro financing
- Headquarters Country: Kyrgyzstan
- Founding Year: 2005
- Operating Regions: Kyrgyzstan, Russia, Tadzhikistan, Uzbekistan
- Employees: 5000
- Founders: Babur Tolbaev
- Problem Identified: A high percentage of loans, as well as the mandatory transfer of collateral for a loan.
- Solution Offered: Mol Bulak Finance is a progressive and ambitious team of professionals with extensive experience in microfinance sector. They provide small unsecured group loans for individuals and groups, mainly women living in rural communities of Kyrgyzstan to support and encourage their economic development through the creation of small enterprise. Nowadays we serve more than 127 000 clients, 60% of whom are women.
- Social Impact: Main principles of Mol Bulak Finance's business philosophy are: positive social impact alongside with the financial results, responsible lending, staff development and sharing financial results with the team, empowering women, and environmental sustainability. These principles are incorporated into the policies and procedures, delivered to staff through trainings and enforced daily.
- Score: 9 Agriculture education with demonstrated farmer skill improvement
