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Gulmira's Group
In this Group: Gulmira , Osmonbek, Nazgul, Gulzat
In order to make a living, many residents of the Kyrgyz rural areas have chosen to live abroad, while others are trying to build a future for the country by uniting efforts and talents.

Gulmira N., 48, is the leader of this group. She is married and has a sixteen-year-old son. Since her childhood, she has been very close to animals. She used to take the cattle to the pastures high in the mountains and look after them until the sun set. However, Gulmira wouldn’t have a cattle business now if not for her husband’s friend, who suggested to them to start breeding and reselling cattle three years ago.

Gulmira and her husband have come from humble beginnings to impressive results. The cycle of buying and reselling cattle has generated a considerable income for the family. With 15,000 KGS of start-up capital, Gulmira improved her business to earn 4,000 KGS per month. Gulmira is planning to constantly improve her living conditions. She would like to use this loan to buy furnishings for the house. Gulmira is well aware of all conditions of repaying the loan and absolutely agrees to make the payments during the set time period.

--- 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 73
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,938,275
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulmira's Group's $1,325 loan helped a member to purchase a carpet.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 19, 2011
Feb 7, 2011
Currency Exchange Loss:
Sep 15, 2011