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Tursun's Group
In this Group: Tursun, Asel, Elmira, Musa
In general, women are considered stronger and more responsible than men are and their attitude to life is stable even in difficulties. Here is a story about one woman, another example of braveness and self–confidence whom everyone really can respect. Not far from Naryn, which is one of beautiful and mountainous towns in Kyrgyzstan, there is a little village, Kochkor, which is famous for its salt. Her name is S. Tursun, a leader of her group. She is a 64-year-old widow. She lost her husband in her early age; however, she has raised two children by herself. Her daughter is 12 and she goes to the local school. Her son is 37. He graduated from the university and now helps his mother fatten and then sell sheep. About 10 years ago after her husband's death she decided to move on, because she could not just give up the future of her children and let the cruel life decide what to do with them. So she bought five sheep to fatten and then to sell. She was successful and continues that business. Now their revenue per month is 5,000 ($113) soms. The life is, of course, better than before and she is planning to expand her business and buy a car in the future. She wants a loan of 5,000 soms. She will use it to buy two another lambs.

A. Asel is 40 and she is married. She has a daughter who is 11. Her daughter is in fourth grade. Her son who is 10 years old is a smart guy who also studies. He is in third grade. Her husband works as a builder whose salary per month is 5,000 soms. About six years ago, she started a little business where she sells cattle in the local market. They are building a new house, which will be finished in the future. However, they want get a loan to buy four small cattle to breed, because cattle sell well in the market right now.

A. Elmira is 45 and has a daughter who is 16. Her daughter helps her mother after school. Her husband works as a builder and earns 5,000 soms per month. Seven years ago, A. Elmira began a business. She sells products that are used daily. She started with 25,000 soms and now her profit is 7,000 soms per month. She already increased her turnover and improved her family's well being. With her loan, she wants to buy 100 kg of sugar, different cereals, vegetable oil and daily use goods.

K. Musa is a 56-year old man whose wife is on a pension. He is going to expand his business by increasing his livestock. He has two children, but they live separately. He resells cattle in the market. He began this business three years ago with 18,000 soms and now he earns 3000 soms. With the loan. he wants to buy a bull to sell.

--- 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
  • 96
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,740,225
    Funds lent in using Kiva
  • 44.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tursun's Group's $800 loan helped a member to buy two lambs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Feb 3, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010