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Uulkan's Group
In this Group: Uulkan , Kudaiberdi, Turatbek, Gulyaim
Uulkan E. K., 20, is the leader of this group. She is a resident of Nookat, a small village near Osh, in the south of Kyrgyzstan. She is divorced.

In order to earn money, she breeds livestock. She began two years ago with an initial investment of 4,000 KGS. Her father helps her with that activity. She now earns 3,200 KGS per month.

With money received from the loan she wants to increase the number of livestock. In the future she dreams of purchasing a house and improving her living conditions.


--- 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
  • 132
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,098,050
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Uulkan's Group's $1,275 loan helped a member to purchase livestock.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 4, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011