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Meiramhan's Group
In this Group: Meiramhan, Munara, Tatiana, Kulsumbubu
Meiramhan T. is the leader of this group. She is fifty five years old. There are three children in her family. Only their little twelve year old son lives with his parents. The eldest daughter, 35, is married and lives apart from her parents. Meiramhan’s middle daughter, 24, is married as well. She has moved to Kazakhstan. To support the family, Meiramhan’s husband works at the construction site in Bishkek, whereas Meiramhan raises cattle. Nobody really helped her start doing this. It was just her skill and curiosity. Moreover, raising cattle has been bringing them enough income for Meiramhan to recently started repairing her house. Generally speaking, Meiramhan started animal husbandry quite late, as she was already in her mid – forties. Nevertheless, she has now ten years experience in breeding cattle and a stable monthly income of $115. She has broken all the stereotypes of age and prejudices and thus has been an excellent example of an entrepreneur for others. Meiramhan hopes to get a loan and buy a milk cow so that she is able to sell more milk. She has plans to increase the number of cattle and to expand her business.

Meiramhan’s partners are: Munara, Tatiana and Kulsumbubu.

Munara, 50, has raised three children. Her husband is a truck driver. Munara sells milk and raises cattle. She learned this occupation from her parents. Munara wants to open a shop with the profits she earns from selling milk. Munara needs a loan to buy a cow to sell more milk.

Tatiana, 30, is a mother of two daughters. Her children are very little, four and two years old respectively. Tatiana’s husband is a taxi driver. Tatiana is engaged in coal delivery. She needs a loan to buy a car for her work.

Kulsumbubu, 53, has two children. Her husband has left for Kazakhstan to work in construction.
Kulsumbubu trades in cattle at the cattle market. Kulsumbubu needs a loan to invest in purchasing sheep.


--- 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.

Additional Information

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.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 89
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,750,525
    Funds lent in using Kiva
  • 43.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Meiramhan's Group's $1,600 loan helped a member to buy a milk cow to sell more milk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2009
Listed
Nov 20, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010