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Baktygul's Group
In this Group: Baktygul , Jidegul , Myskal , Nurgul
Baktygul S., 57, is the leader of this group. Her kids are already adults and are capable to provide for their own expenses. Baktygul’s daughter works in a computer club, and her son is a constructor. Baktygul is divorced and the burden of running the business completely lies on her shoulders. Her son makes his best effort to help Baktygul in business. Their business of growing potatoes brought good results and her son decided to devote his entire time to farming also. They are currently growing only potatoes, but with the money received from this loan, she plans to start growing wheat. Baktygul believes that she will succeed in her business and help her children find their own paths in life.

Jidegul A., 41. She has four children, the youngest is six years old. She is involved in growing clover. She applied for this loan in hopes of buying barley seeds and broaden her business. Soon she plans to arrange a wedding ceremony for her son and provide her children with high quality education.

Myskal T., 24, is a member of this group. She is divorced and has a five year old daughter. The purpose of Myskal’s applying for this loan is to purchase a refrigerator and soon perhaps an automobile.

Nurgul M., 41, is married and has three sons. Her husband is a mechanic and she herself is planning to start engaging in cattle breeding. Nurgul hopes that this loan will help her to purchase cattle and broaden her business and get an automobile for her husband in the near future.

--- 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

  • $2,500
    Average annual income
  • 90
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,746,400
    Funds lent in using Kiva
  • 46.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Baktygul's Group's $1,400 loan helped a member to purchase seeds of wheat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011