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Ozodahon's Group
In this Group: Ozodahon , Barno , Dilfuzahon , Mamura
Ozodahon S. is the leader of this group. She is 27 and divorced. She works as a seller of Oriflame cosmetics. She also owns some land and cultivates different fruits and vegetables. Selling some part of her harvest, Ozodahon makes 4,000 soms per month. With money received from the loan, she wants to purchase fertilizers which are needed for farming.

Barno M., 38, is married. Her husband went to work in Russia to earn some money. She has two sons and two daughters. All the children study at school except the youngest daughter. Barno owns some land on which she cultivates cotton and rice. She has been doing this for 16 years. Selling some part of her harvest, she makes 4,000 soms per month. With the money received from the loan, she wants to purchase mineral fertilizers for growing cotton and rice. In the future she plans to build a new house for her older son.

Dilfuzahon A. is the treasurer of the group. She is 37 and divorced. She has a son and a daughter and both of them are at school. Two years ago, with the initial investment of 300 soms, Dilfuzahon started to sell convenience goods at her home, saved some money and then opened a kiosk near her house. She applied for the loan because she needs money to purchase various goods in order to increase the turnover of her business.

Mamura R. is 25. She has been working in a sewing workshop for two years. With money received from the loan she wants to purchase a sewing machine. In the future she plans to open her own sewing workshop.

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--- 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 its customers and the society as well), Profit (to be profitable in order 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: 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 www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from 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
  • 172
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,536,875
    Funds lent in using Kiva
  • 46.6
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ozodahon's Group's $650 loan helped a member to purchase fertilizers for farming.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Aug 9, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011