Anarkul Saypidinova’s Group


Status: Paying Back

$1,400.00   Loan Amount
81% repaid

About the Group

Group Name: Anarkul Saypidinova’s Group
Group Members: Anarkul Saypidinova
Halisa Naybulina
Anarkul Saypidinova
Kulsayra Sydykeeva
Location: Kochkor, Kyrgyzstan
Activity: Livestock

About the Loan

Loan Amount: $1,400.00
Loan Use: To buy livestock to increase her family's income
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 14, 2009
Date Disbursed: May 17, 2009
Date Funded:Jun 15, 2009

About the Country

Country:Kyrgyzstan
Avg Annual Income:$21,002,008.00
Currency:Kyrgyzstan Soms (KGS)
Exchange Rate:43.0997 KGS = 1 USD



Anarkul Saypidinova is the leader of a group of four people. She lives in the small village of Kochkor in the very heart of Kyrgyzstan and she needs the loan to purchase livestock, which is her family's essential source of income and livelihood. By purchasing cows and several rams, she hopes to increase her income. She plans to sell their milk, meat, and wool at the local market. With the money from selling the products of her livestock, she hopes to buy necessities for her family.

Anarkul has three sons and two very sweet daughters. Her husband is a teacher at the local technical school. Because Anarkul has a large family, she works hard to feed and raise her children.

The other three members of Anarkul’s loan group are also occupied with livestock breeding. Mostly they breed sheep, cows, hens and geese. Kulsayra, Halisa, and Kulkayir are married and have children, most of whom are graduating from primary and secondary schools this year and need to continue their education. All the women hope to increase their family budget by selling the livestock products so they can pay for their children’s education.

They say that “no matter that will happen tomorrow in the world, they will be always protected, because the livestock is their only hope and support.”




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Anarkul Saypidinova’s Group


Loan has been disbursed
 
Entrepreneur: Anarkul Saypidinova’s Group
Location: Kochkor, Kyrgyzstan

Thank you for your loan. It has been disbursed to Anarkul Saypidinova’s Group, consisting of Anarkul Saypidinova, Halisa Naybulina, Anarkul Saypidinova, Kulsayra Sydykeeva by MCC Mol Bulak Finance LLC in Kyrgyzstan. We are excited to watch this business grow. Over the 6 months of this loan, MCC Mol Bulak Finance LLC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kochkor, Kyrgyzstan
Jun 15, 2009
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Kiva Help Repayment Schedule for Anarkul Saypidinova’s Group

  Expected Repayments Actual Repayments Comments
August 2009 $214.62 $214.62 Repayment Received
September 2009 $221.78 $221.78 Repayment Received
October 2009 $229.18 $229.18 Repayment Received
November 2009 $236.83 $236.83 Repayment Received
December 2009 $244.72 $244.72 Repayment Received
January 2010 $252.87 Available Jan 1