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Nazgul's Group
In this Group: Nazgul, Kuljan, Ainash, Jypar
Daily labor and harsh working conditions do not seem to be something to take pleasure from. However, the heroes of this story manage to enjoy their lives regardless of the working conditions, whether it is the weather or material capabilities. Nazgul is the leader of this group. She is 38 years old. Her husband works as a private builder. Nazgul has a seven-year-old son. He goes to school and studies in the first grade. Nazgul works as a nurse in the hospital. When she has free time, she sews national articles, usually made to order. She started sewing 10 years ago. She manufactured blankets and sold them in the market. Gradually she acquired customers and since then it has been her second occupation. That is how her $10 investment has turned into a permanent monthly $70 income. She advised a sister of hers to help her and now they work together, sharing the income. Thus, Nazgul was able to help her sister find an occupation and make her own living. However, Nazgul does not want to limit her opportunities and is now planning to start a new activity. She is thinking about starting cattle breeding. She hopes to obtain this loan and purchase some sheep as well as fabric for manufacturing national articles.

Nazgul’s partners are as follows:

Kuljan is 43. She is a widow and has a daughter. To make a living she works in a hospital as a hostess – sister. Kuljan needs a loan to buy a calf for breeding.

Ainash is 49. She is divorced and has a 23-year-old daughter. Ainash works as a junior nurse in the hospital. In addition, she and her colleague produce doctor’s smocks. Ainash needs a loan to purchase materials for sewing.

Jypar is 43. Her husband is a welder. She has three children. All her children do not work. Jypar works as an attendant at the hospital. Jypar has decided to give a try at cattle breeding. She hopes to obtain this loan and buy a cow.

--- 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 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:

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 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
  • 88
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,751,450
    Funds lent in using Kiva
  • 44.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazgul's Group's $650 loan helped a member to purchase sheep and fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 23, 2010
Mar 4, 2010
Currency Exchange Loss:
Sep 15, 2010