Zaryl’s partners are: Venera, Gulzina and Orosulbu. Venera, 24, is married and has two little children. Together with her husband, she raises livestock. In addition, Venera sells milk to local villagers. Venera needs a loan to purchase goods for sale. She wants to open a small shop by her house where she would sell food items.
Gulzina, 63, and her husband have brought up four daughters. All of their daughters are married and live separately. She and her husband are engaged in cattle breeding. This has been their main occupation for thirty years. Gulzina needs a loan to purchase coal for winter.
Orosulbu, 62, is mother to nine children. Except the youngest son, all of the other children have gotten married and live separately. Orosulbu prefers not to depend on her children and earns her livelihood by raising livestock and selling milk. Orosulbu needs a loan to buy a heifer for subsequent breeding.
--- 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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid