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Aigul's Group
In this Group: Aigul , Baktygul , Maria , Zeinep
Aigul M. is the leader of this group. She is 35 and married. Together with her spouse, who is a driver she is bringing up three children; the two older are school pupils, and the youngest one is of pre-school age. Aigul is a nanny in an orphanage. Besides those jobs, the family is engaged in cattle breeding; 3 years ago they inherited a bull, and since then their herd has increased. The loan purpose is to purchase two cows for breeding. In future Aigul wants to make house repairs.

Aigul’s partners:

Baktygul S. is the treasurer of the group. She is 34, married. her husband works as a driver. The couple is bringing up a daughter. The whole family is engaged in livestock breeding. In order to increase their herd, Baktygul intends to purchase four sheep, but for this purpose the family needs to get a loan.

Maria J., 56, is a widow. She has three children. Maria is a charwoman in a clinic, and moreover she is engaged in farming. Her loan purpose is to purchase strawberries to plant.

Zeinep S., 22, married. Together with her husband, she is raising a daughter. Zeinep is an employee of the military registration and enlistment office. She needs to get a loan in order to purchase a plot of land in the capital.

--- 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
  • 154
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,156,925
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aigul's Group's $1,200 loan helped a member to purchase cows.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011