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Temirlan's Group
In this Group: Temirlan , Burulcha, Lira, Tolobek
Temirlan S. is a member of this group. He is a resident of Kochkor, a nice village on the south coast of Lake Isykul. He is 27 and married. Two years ago, with an initial investment of 10,000 soms, her started to breed livestock animals and resell them at a higher price after fattening. In this way he earns 6500 soms. That income has made it possible for his family to save money and open a kiosk.

With money received from the loan he wants to purchase five more livestock animals in order to resell them after fattening. In the near future, Temirlan plans to repair his house and then save money to purchase a piece of land in Bishkek to start building a new house.

--- 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
  • 153
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,169,775
    Funds lent in using Kiva
  • 47.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Temirlan's Group's $1,075 loan helped a member to purchase livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2011
Listed
Mar 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011