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Jursun's Group
In this Group: Jursun , Aiganysh , Ulan , Elmart
Jursun A. is the leader of the group. She is 70 years old and married. Her husband is a pensioner. Ten years ago, with the initial investment of 10,000 KGS, Jursun and her husband started to breed livestock. With money received from the loan she wants to purchase three sheep in order to increase the number of livestock. With the rest of the money she will purchase paint to start repairing her house.

Aiganysh T. is the treasurer of the group. She is 53 and married. Her husband is a pensioner. Five years ago, with the initial investment of 15,000 KGS, Aiganysh and her husband started to breed cattle. With money received from the loan she wants to purchase hay for the cattle.

Ulan U., 35, is married. He has three sons and a daughter, all of whom go to school. Ulan works as a taxi driver and his wife is a schoolteacher. Two years ago, with the initial investment of 10,000 KGS, Ulan bought four sheep and started to breed livestock. With the money received from the loan he wants to purchase hay in order to feed the animals during the winter.

Elmart T. U. is 20 years old. He works as a taxi driver and also breeds livestock. With money received from the loan he wants to purchase five sheep for breeding, and part of the loan he will use to purchase auto parts for his vehicle.

--- 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
  • 87
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,458,950
    Funds lent in using Kiva
  • 46.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jursun's Group's $975 loan helped a member to purchase livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011