Seimkan Kurmanalieva's Group

Raising cows has been a tremendous extra source of income, enabling them to build a house of temporary construction in the village, buy a couch and armchairs and some other items for the home. Even though her son helps her deal with the cows, Seimkan would like to hire someone additional to look after the herd.

Seimkan is requesting a loan to purchase two year-old calves to fatten and some younger calves for breeding. Her ultimate goal is to have more cows than she has at the moment.

Seimkan’s partners are Nurlan, Nasipa and Kenjegul. Nurlan, 27, is married and is the cake production foreman at a confectionary plant. His wife works at a café, and on weekends his parents look after Nurlan’s cattle and farm. He is requesting a loan to buy two calves to fatten and resell.

Nasipa, 47, is the mother of six children, five of whom are married and on their own. Her youngest child, a sixteen-year-old son, goes to school and lives with his parents. Her husband operates a telephone company. Nasipa sells milk and works as the head of curriculum at school. Nasipa is requesting a loan to buy a calf.

Kenjegul, 55, is married. Her husband is retired and occupies himself with animal husbandry. They have raised four children, some of whom live separately, while some are still dependent. Kenjegul is requesting a loan to buy a milk cow for breeding.

About Mol Bulak Finance:

Mol Bulak Finance [Kyrgyzstan]
This loan is being presented 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 its “3-Ps” concept: People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow larger) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who 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: http://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: http://kiva.org/team/kyrgyzstan Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and 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