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Mastura's Group
In this Group: Mastura , Zinat , Gulshayir , Nargiza
Mastura Z. is the leader of the group. She is 61 years old and married. Her spouse is working as a watchman in an industrial complex. The couple has four children: the elder son raises money by working as a builder, the daughter works as a nurse in a polyclinic, the youngest son currently works in Russia. Besides this, the family is engaged in cattle breeding. At this point, 2 cows and 7 livestock animals are being fattened. Out of profits, Mastura has managed to arrange her children’s weddings. Her loan purpose is to purchase 6 sheep for fattening and resale. In the future the family is aiming to create a mini-farm. In addition, Mastura wants to sell products.

Zinat P., 58, is married. She is the treasurer of the group. Her family has four children. Her daughters are married and live separately from parents. Her sons work in Russia. Zinat, together with her spouse, a farmer, runs their business of cattle breeding. Out of the earnings, the family has managed to organize the children’s weddings. In order to obtain a cow for fattening and breeding, the family is planning to get a loan. In the future they want to create their own mini-farm.

Gulshayir K., 30, is married. Together with her husband, who supports the family by working as a private builder, she has a daughter. 4 years ago, when Gulshayir lived with her parents, she used to run her business of reselling dairy products. With the business, she earned money to obtain furniture. The loan purpose is to purchase dairy products (100 kg) for further resale. In the future, the family intends to open a shop for foodstuff selling.

Nargiza D., 24, is divorced. She makes her icome by cattle breeding. Now, with the help of her parents, she fattens up 2 bulls. Her loan purpose is to purchase 3 sheep in order to expand the business. In the future Nargiza wishes to create a mini-farm and to marry successfully.

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

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Microfinance 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 microfinance 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
  • 120
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,546,925
    Funds lent in using Kiva
  • 46.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mastura's Group's $1,300 loan helped a member to purchase six sheep.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011