In 1996, Kosmosbek founded his own “GalenPharm” company in Bishkek, Kyrgyzstan to produce ointments and tinctures from locally grown medicinal herbs. With a series of five loans, he has been able to develop the business, improve production facilities and expand distribution throughout Kyrgyzstan. Today, Kosmosbek employs 50 full-time and 15 part-time employees. His future plans [...]

Just a few years ago, Agusta had lost everything she owned due to the disastrous effects of El Niño and the bankruptcy of her local bank. Fortunately she ran into a former neighbor who had become a credit officer for one of our partner MFIs. Augusta asked for $250 to start a food stand on [...]

Flora lives in a region of Kenya where 90% of people in the area live below the poverty line on less than $2 a day. When Flora’s husband was killed and their cattle stolen in 2001, all she could do was cry. But with four young children to support, she desperately needed to rebuild her [...]