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Beishebubu's Group
In this Group: Beishebubu, Juzumkan, Baktybek , Bermet
Rivalry and competition make people strive to be the best in their fields and professions. Weak people get afraid to lose their positions and begin to feel themselves psychologically backward or weaker than others. However, among ordinary people we can still find many examples of strong-willed people, who not only do not get afraid, but go into business with full enthusiasm and energy, and quickly grow in prosperity. Daily obstacles and life ordeals cannot prevent these people from achieving their goals as they are mature minded and know that after the darkness of night comes the light of the morning.


Beishebubu M. is the leader of this group. She is fifty eight and has two children. Her husband used to be a farmer. Beishebubu’s two sons are grown ups. The elder son is thirty five and the younger is thirty. Both of her sons make their own living independently. Beishebubu obtains her sons’ support. However, she prefers to stay independent and, using the skills she acquired from her husband, she decided to be a farmer. Now she is working in the field, sowing and planting vegetables in a piece of land. Beishebubu needs a loan to buy fuel for field works.

Beishebubu’s partners:

Juzumkan A., 71, has a daughter. Her daughter lives in the capital. She and her husband still work. Both of them are farmers. Now is the time when they are busy every day sowing in the field. Juzumkan needs a loan to purchase fuel.

Baktybek K., 59, has a son. Baktybek and his wife are farmers. They also raise some cattle. In the fall they plan to marry their son who is thirty five and still single. Baktybek hopes to obtain this loan and invest the funds in increasing their livestock population.

Bermet J., 52, has a son. Bermet, her husband and son are engaged in farming. Bermet wants her son to become a big farmer, and therefore actively involves her son in all aspects of the work. These days the whole family is busy working in the field. Bermet needs a loan to buy fuel.

--- 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
  • 82
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,325
    Funds lent in using Kiva
  • 45.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Beishebubu's Group's $1,200 loan helped a member to purchase fuel, which is needed for the sowing process.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011