Alimova Halchahon`s Group
Matlyuba, 36, is the mother of 3 children. All her children are high school students. She is a farmer. She will use the loan to buy a bull to breed and sell later. Her husband at the present time is in Russia. He is working there as a cook. She says that they are working to save enough money to send their children to study in university.
Dilbar, 70, is a widow. She has two sons: both of them are working abroad. Despite her age, she is busy with livestock breeding. Currently she has 15 sheep, 2 cows and few calves. She needs a loan to buy 4 lambs.
Shamshihon is 48 years old. She is married with 7 children. The two elder ones are married. The other children are students. Her husband is working in Russia in a factory. Shamshihon will use this loan to buy one cow to breed. The annual income from this business is US$ 120. She always tries to reinvest income in her business as much as possible.
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 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: 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