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Mahabat's Group
In this Group: Mahabat , Damira, Zarylbubu, Kachkyn
Mahabat T. is a young woman of 31. With her spouse, she is raising two small children: Their son attends school and their daughter is a toddler.

Mahabat’s husband supports the family financially by reselling cattle in the local market. Two years ago, after receiving a profit from selling 2 goats, he began selling cattle. Over time, their earnings allowed them to increase the total number of animals they raise and improved the family's quality of life.

In order to increase the family's income, Mahabat and her husband are seeking to further develop their farming business. They plan to use the loan to purchase goats or sheep. Further plans include fattening the animals and reselling them at a higher price.

--- 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
  • 173
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,501,525
    Funds lent in using Kiva
  • 46.9
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahabat's Group's $1,500 loan helped a member to purchase livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2010
Listed
Dec 4, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2011