Check out some available loans that are similar to this one!
Patila Usonova's Group
In this Group: Patila , Kudaiberdi, Santalat, Aida
Patila U., 66, is the leader of this group. Unfortunately, Patila is a widow. She has raised two sons and a daughter. Her first son and her daughter are married; they are employed and live with their families. Her second son went to work in Russia in order to earn money. She is a resident of Uzgen, an ancient town near Osh.


Ten years ago with an initial investment of 15,000 KGS Patila started to prepare and sell food. In this way she earns 5,000 KGS per month. With money received from the loan she wants to purchase more food in order to increase the turnover of her business. In the future Patila wants to improve the family’s living conditions.


About Mol Bulak Finance (MBF):


This loan is being presented 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 its “3-Ps” concept: People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow larger) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who 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: http://www.kiva.org/about/aboutPartner?id=135


If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team—Supporters of Kyrgyzstan—at: http://kiva.org/team/kyrgyzstan Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and 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

  • $2,100
    Average annual income
  • 98
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,472,950
    Funds lent in using Kiva
  • 47.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Patila Usonova's Group's $1,500 loan helped a member to purchase food to prepare to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 14, 2011
Listed
Feb 3, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012