Lira Omurbaeva's Group

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Now their monthly income is $290. They need a loan to buy gas to cultivate their land and to purchase chickens. They are hoping for a good harvest this year and when it happens they plan to buy a new lorry and some livestock: a horse, cows and sheep. They are making plans to help their son find a job, after he completes his serve in the army.

Lira’s partners are excellent examples of hardworking people, who are not afraid to try new things. Damira, Gulnara and Istatai. Damira is forty eight. She sells milk and milk products. Her husband and son raise livestock and are farmers. Damira wants to get a loan to purchase hens, ducks, turkeys, to sell their eggs, chickens and ducklets.

Gulnara, a mother of three children is 46. She milks cows, sells milk and grows vegetables in her garden. Her husband looks after cows and works in the field. Their earnings constitute around $150 a month. Gulnara has decided to get a loan to purchase sheep for feeding, getting meat and wool for sale.

Istatai is a widower and mother of four children. She earns $120 by selling milk and hay. During twelve years of hard work she has been able to provide all her children with a proper high school education and now wants to start farming. However since it involves expenses she needs to obtain a loan.

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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 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow further) 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