Gulzat Mokushova's Group

Gulzat, 33, is the group leader. She is an excellent example of a woman who never hesitates to try something that she has never done before.

Quite unfamiliar with keeping a household, Gulzat, ever since she inherited a cow from her parents, has kept it for its milk. She even started growing clover on a piece of land and selling the excess, thus starting to make decent profits. Eventually these profits have helped her take care of her three children.

Gulzat’s husband works as a secondary school teacher and, naturally, this business of hers has been quite an important contribution to the family budget. All her children take an active part in helping her look after the cow and farm the land. At present, she manages to make 35 dollars a month. After saving this money, she has bought a car and some domestic equipment.

Now Gulzat needs a loan to conduct some repairs and renovation work at her house. After that, she has already made up her mind on building a new shed for her cattle.

Nasihat, 38, is a housewife. Nevertheless, along with her domestic chores, she sells milk that her cow yields. She also works in her vegetable garden. Nasihat would like to increase the amount of milk she has for sale. However, she needs a loan to buy a cow, as her earnings are not enough to save.

Sherik, 44, is engaged in cattle raising: fattening and reselling livestock and selling milk. He has three children and a caring wife. Striving to improve the living standards of his family, Sherik has started building a house.

Zhanyl, 36, is a housewife and mother of three children. Her regular job is making national rugs and matting to order. In future she plans to keep cows and start selling milk.

Mirgul, 46, is married and has three children. She and her husband, own one hectare (2.5 acres) of land, where they grow corn. Also they sell milk. Now they need a loan to purchase two calves for fattening and resale.

Sherik, Zhanyl and Mirgul need loans to purchase calves for fattening and resale.


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--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.

Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of the 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable in order to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a Video presentation about the organization, please visit: www.kiva.org/about/aboutPartner?id=135.

If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.




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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