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Sanobarhon's Group
In this Group: Sanobarhon , Saerahon , Shohidahon , Gulerahon
Sanobarhon A. is the leader of the group. She is 39 years old and a widow. She has a son and two daughters, all of whom are in school. Two years ago, with the initial investment of 10,000 KGS, Sanobarhon started to sell convenience goods on the market. In this way she makes approximately $110 per month. She applied for the loan because she needs money to purchase more goods to increase the turnover of her business and a refrigerator to store products. In the future she wants to provide her children with a good education.

Saerahon S. is the treasurer of the group. She is 34 years old and married. Her husband works in Russia, so she takes care of two sons and a daughter by herself. All the children are in school. Saerahon is a farmer. She makes money by cultivating cotton and reselling livestock after fattening. With money received from the loan she wants to purchase sheep for breeding. In the future she wants to provide her children with a good education and finish repairing her house.

Shohidahon T., 28, is married. She has a daughter and a son. Shohidahon is a school teacher and her husband works in Russia. She also makes money by reselling cattle after fattening. In this way she makes about $65 per month. With money received from the loan she wants to purchase a bull for breeding.

Gulerahon T., 26, is married. She has a daughter and a son. Gulerahon breeds livestock for making money and her husband works in a factory. She hopes to obtain the loan because she needs money to purchase sheep for breeding.

--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Micro-finance Institution in Kyrgyzstan.
MBF is strongly committed to the principles of sustainable development and upholds the triple bottom line – People (building human capital and taking care of its customers as well as society), Planet (keeping environmentally friendly) and Profit (earning revenue to expand autonomously). MBF is the only Microfinance Institute in Kyrgyzstan that delivers its services to customers 365 days a year.

To learn more about MBF 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 – Mol Bulak Finance at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF 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

  • $2,100
    Average annual income
  • 186
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,842,000
    Funds lent in using Kiva
  • 46.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sanobarhon's Group's $1,200 loan helped a member to purchase convenience goods.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2010
Listed
Oct 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2011