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Elnura's Group
In this Group: Elnura , Gulnara, Asanjan, Nadira
Elnura B., 25, is the leader of this group. Elnura is a young mother of two children ages 2 and 6 months. She and her husband have started cattle breeding and reselling 6 years ago. A monthly salary from her husband was used to purchase a bull. Her husband’s family helps to takre care of cattle and resell it in a local farmyard, because Elnura stays busy with her kids. Her husband is a police officer and very committed to his work, and devotes all of his free time to looking after cattle. Elnura’s customer base is constantly increasing since she has a good reputation due to dedication and product quality. She plans to use this loan to continue to meet customer demand and buy two more good healthy bulls. Elnura and her group thank the lenders for understanding her situation. She hopes to build a good working capital and become the most successful supplier of cattle in the region.

--- 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
  • 119
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,192,575
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Elnura's Group's $1,225 loan helped a member to purchase cattle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Mar 5, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011