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Gulmira Maksutalieva's Group
In this Group: Gulmira , Asylbek, Dinar
Gulmira M., 54, is the leader of this group. She is married, and her husband is an inspector for a local social fund. Twenty years of common life have gifted the couple with two daughters, the older of whom is now married and the younger, a student in college. She lives in the small town of Toktogul which is comprised of thousands of families like Gulmira’s. Gulmira herself is a kindergarten teacher, and together with her husband she breeds and resells cattle.


Seven years ago Gulmira used 7,000 KGS to purchase her first cow. Since then, she has managed to purchase nice furniture for the house and increase their heads of cattle. She is now applying for this loan in order to purchase additional cattle.


About Mol Bulak:


This loan is being presented by Mol Bulak Finance, a young and ambitious, socially-focused MFI in Kyrgyzstan. Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of its “3-Ps” concept: People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow larger) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan who delivers its services to customers 365 days a year.


To learn more about Mol Bulak 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 micro-finance in Central Asia, please join our Lending Team—Supporters of Kyrgyzstan—at: http://kiva.org/team/kyrgyzstan Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak 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
  • 129
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,267,075
    Funds lent in using Kiva
  • 47.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulmira Maksutalieva's Group's $1,100 loan helped a member to purchase more cattle.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2011
Listed
Mar 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012