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Seiyl's Group
In this Group: Seiyl , Nurgul, Jyldyz, Nazgul
Seiyl K. is the leader of this group. She is the resident of Tokmok, a small town near Bishkek (capital of Kyrgyzstan). She is 35 and married. Her husband has gone to Russia to earn money. Seiyl takes care of two children: a son and a daughter. In order to cover family expenses she works in the barber shop. Four years ago with the initial investment of 4000 soms, she rented a place and opened a barber shop. She earns 15000 soms per month. With money received from the loan she wants to improve the services she provides in her barber shop. In the future she dreams of building 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:
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 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
  • 125
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,267,075
    Funds lent in using Kiva
  • 47.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Seiyl's Group's $1,275 loan helped a member to improve the conditions in the barber shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 14, 2011
Jan 21, 2011
Currency Exchange Loss:
Aug 15, 2011