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Kalyiman's Group
In this Group: Kalyiman , Alimkan, Samagan
Kalyiman K. is the treasurer of this group. She is 50 and married to a tractor driver. Together they are bringing up a 3-year-old son. The family earns money by providing tractor services. Kalyiman’s husband has been doing this for 22 years. He got that tractor as an inheritance from his father. In this way the family earns 10,000 soms per month. That profit made it possible for them to save money and purchase 10 livestock animals for breeding.

Kalyiman applied for the loan because they need money to repair the tractor. In the future, the family wants to purchase a piece of land in Kerben for farming.

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 "P" 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
  • 100
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,475,500
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kalyiman's Group's $850 loan helped a member to repair a tractor.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Mar 2, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011