Abdykalykova Kanayim`s Group
Taalay is 47 years old and is married with 4 children. They have 2 main sources of income: trade and livestock. His wife works in her own little shop where she sells food and consumer loans. Taalay also fattens animals. This loan will be used to buy 1 milk cow with a calf. It will also let them produce milk and milk products to sell.
Gulmayram is 39 years old. She is married with 4 children. Her husband is a taxi driver. All her children are at university or school. She has been working in the livestock business since 1992 and her annual income is about 200 USD. This loan will be used to buy 1 milk cow with a calf. She hopes that this will increase her income and that she will be able to repair her house this year.
Guljan is married. Her husband is currently in Russia. She has 2 grown children: a son and a daughter. She is in the livestock business and has 3 cows and 3 sheep. She will use this loan to buy 3 more sheep. In the near future she wants to open a mini-market near her house to diversify her sources of income.
--- 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 the 3-Ps concept - People (building human capital and taking care of both its customers and the society), 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 to view a video presentation about the organization, please click here
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.
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