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Jumagul's Group
In this Group: Jumagul , Tilla, Hurshida, Paridahon
Jumagul R., 39, is a leader of this group. She is a resident of the small town of Kadamjai in Batken Province of Kyrgyzstan. Jumagul is married and has three children, the oldest of whom is 16. Her husband is a tractor driver in a local farming community. Jumagul is a nurse in a village outpatient’s clinic. After getting married, she started to actively help her husband in managing agriculture since it was the main part of the family’s budget. Fifteen years of good management and hard work have brought the gift of a nice automobile for the family. Their monthly income is 3000 soms, and the loan is requested for purchasing seeds of potatoes. Jumagul’s dream is to get a good harvest this year and help her son with education fees.

--- 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

  • $2,500
    Average annual income
  • 83
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,025
    Funds lent in using Kiva
  • 47.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jumagul's Group's $1,175 loan helped a member to purchase potato seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2011
Listed
Mar 24, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012