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Aigul Sydykova's Group
In this Group: Aigul , Aijamal, Bakytbek, Erkinbek
Aigul S. has an average rural way of life. Her family is rather big including six members. The eldest son is 22 and he is currently in military service as a platoon leader commander position; the second child is a student; another is a schoolboy; the youngest infant – a small daughter who is only three - just begins to learn this world.

The whole family lives on profits from cattle breeding and farming. As well, Aigul’s husband, being the head of the family, earns additionally by working as a builder. Their earnings make it possible to give children proper education.

Preparing for winter, the family wants to purchase some warm clothes. For this purpose they need extra money, that’s why a loan is hoped to be got.

Where Did This Loan Come From?

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.

Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of the 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable in order to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a Video presentation about the organization, please visit: www.kiva.org/about/aboutPartner?id=135.

If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak 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
  • 101
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,737,800
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aigul Sydykova's Group's $1,500 loan helped a member to purchase winter clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011