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Raatkan's Group
In this Group: Raatkan, Калыскан, Турдаим, Давлатбек
Raatkan B. is 65 years old, she is a leader of this group. She is a resident of the town of Uzgen of the Osh province. Raatkan can be considered ones of those women who do not cease to surprise. Raatkan is a heroic mother. She birthed and raised seven children, but to her misfortune she became a widow just recently. Luckily her children are now grown up and support Raatkan emotionally and financially.

Raatkan has invested 2000 soms in the purchase of two heads of cattle when she got married 42 years ago. Since then she has been a frequent visitor to the Zhazi cattle market where she sells cattle which has been fed lovingly for several months. Youngest sons, Alym and Asan, often help their mother. During the past years Raatkan has held very festive weddings for her sons.

She also combines agriculture with animal husbandry. She needs to hurry and purchase fertilizer because the sowing season is quickly approaching. Raatkan is very hopeful that this loan will allow her buy one ton of fertilizer.
View original language description ↓
Рааткан Батаева, 65, лидер этой группы. Жительница города Узген Ошской области Рааткан можно отнести к тем женщинам, силой которых не перестаешь удивляться. Рааткан –мать героиня. Родив и воспитав семерых детей, к несчастью недавно она осталась вдовой. К счастью дети Рааткан уже взрослые и поддерживают ее в моральном и материальном плане. 42 года назад выйдя замуж Рааткан вложила 2 000 сомов в закупку пары голов мелко рогатого скота. С тех пор она – частый посетитель скотного рынка Жазы, где она продает бережно откормленный месяцами скот. Младшие сыновья Алым и Асан частенько помогают матери. За все эти годы Рааткан справила пышную свадьбу своих сыновей. Также она совмещает земледелие с основным занятием. Ей нужно поторопиться приобрести удобрения так как посевной сезон уже у порога. Рааткан очень надеется, что этот кредит позволит ей купить одну тонну удобрений.

--- 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
  • 163
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,020,325
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Raatkan's Group's $1,400 loan helped a member to buy fertilizer for the sowing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2011
Listed
Mar 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012