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Jyldyz's Group
In this Group: Jyldyz , Cholpon, Cholpon, Zarylkan, Syrtpai
Jyldyz S. is the leader of this group loan. She is a resident of Balykchi, a nice town in the Isykul region. Jyldyz is 26 and married. Her husband works in construction. Together they are bringing up a daughter and a son. Both children are preschool age.

Two years ago, with the initial investment of 15000 KGS, Jyldyz rented a space and started to sell clothes to make money. In this way she earns 10500 KGS per month. That profit made it possible for her to save money and purchase her own space.

Jyldyz applied for the loan because she needs money to purchase jeans, sportswear and other clothes in order to increase the turnover of her products. In the future she wants to expand her business and build a big house for her family.

--- 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
  • 135
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,264,125
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jyldyz's Group's $1,725 loan helped a member to purchase clothes for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 24, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011