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Buajar's Group
In this Group: Buajar , Zarina, Zepihan, Turgunbai
Buajar J. is a resident of Uzgen, an ancient and beautiful town in the south of Kyrgyzstan. Buajar is the leader of this loan group. She is 47 and married. She and her husband are bringing up four children: three sons and a daughter. The two older sons study at university and the other children are at home.

Buajar and her husband are farmers. They grow wheat to make a living. They have been doing it for 20 years. In this way they make 1500 KGS per month.

With money received from the loan, Buajar wants to purchase fertilizers and some seeds for farming. In the future, she plans to celebrate her son’s wedding.

--- 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
  • 83
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,025
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Buajar's Group's $1,300 loan helped a member to purchase fertilizers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011