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Fatima's Group
In this Group: Fatima , Jyrgal , Gulmira , Gulkayir
Fatima B. is the leader of this group. She is 44, married. Together with her husband, who has a profession as a Russian language teacher, she is bringing up two children; both of them are school pupils. Fatima works as a head of studies in the local school. Concurrently the family earns additional income from cattle breeding, which helps to satisfy their daily requirements. The loan purpose is to purchase two calves in order to increase their herd.

Fatima’s partners:

Jyrgal A. is the treasurer of the group. She is 38, married. Her family has a son. The main family income derives from cattle breeding; besides that, Jyrgal works as a school teacher. The loan purpose is to purchase 2 calves to expand their herd.

Gulmira S., 38, is married. Together with her husband, she is raising three children. The family is engaged in trading, they own a foodstuffs shop. The loan purpose is to purchase drinks, cigarettes, and macaroni to expand their assortment of goods.

Gulkayir D., 41, is married. Her husband earns money by working as a taxi-driver; the couple is raising two children. Besides that, the family gets income out of clothes selling. The loan purpose is to purchase more clothes for further resale.

--- 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
  • 123
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,533,250
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima's Group's $1,200 loan helped a member to purchase two calves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Nov 4, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011