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Aijamal Azimova's Group
In this Group: Aijamal , Toraiym, Shaiykan, Batyrbek
Aijamal A. is the leader of this group. She is 49, married, and lives in Toktogul. Together with her husband, she has brought up seven children, all of whom are in school. Aijamal works as a bookkeeper and her husband is engaged in livestock breeding. He started to breed livestock ten years ago with an initial investment of 3,000 KGS. Now he makes 1,500 KGS per month by selling animals after fattening. With this loan the family wants to purchase five animals in order to resell them after fattening. In the future, Aijamal wants to build a big house for her sons.


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 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 microfinance 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
  • 169
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,542,750
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aijamal Azimova's Group's $1,550 loan helped a member to purchase livestock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 22, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011