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Haethon's Group
In this Group: Haethon , Manzurahon , Bakiyahon , Zuhrahon
Haethon R. is the leader of the group that carries her name. She is 41, married and has 2 children. Both of them attend school. The family produces income in different ways: the head of the family works at a mill and with the help of all family members runs a cattle breeding business. Haethon raises money by sewing national wares. Out of total earnings they have managed to make house repairs and also to arrange a daughter’s marriage. In order to increase cattle stock, the family is planning to purchase calves. They hope to get a loan for this purpose. In future their plans include developing the business and then bath-house building.

Haethon’s partners:

Manzurahon K., 49, married. Her family has 3 children. Manzurahon earns her living by working as a nurse in the local hospital. In addition, her daughter supports the family financially by sewing women's clothes. The loan purpose is to purchase material for sewing clothes and curtains.

Bakiyahon A., 49, married. Her family has 6 children. The family makes their living by growing cotton. In addition they breed cattle. The loan purpose is to purchase fodder for animals.

Zuhrahon H. is the treasurer of the group. She is 52, married. The family is starting their own business. They just opened a shop and in order to purchase goods they need to get a loan.

--- 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
  • 88
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,750,525
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Haethon's Group's $1,200 loan helped a member to purchase calves.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Nov 9, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011