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Svet Sharshekeeva's Group
In this Group: Svet , Baktiyar, Gulanda, Bolotbek
Svet S., 51, is the leader of this group. She is married and a mother of a nine-year-old daughter. She lives in the village of Kochkor. The couple managed to make furnishings for their house and purchase some electrical appliances.


Svet breeds various types of cattle and resells them in a local market to meat-packing firms. Svet and her husband are members of a local farming group that is actively involved in promoting agriculture and cattle breeding and defending the rights of farmers.


The loan from Kiva lenders will be spent on purchasing extra heads of cattle for further breeding and reselling. Svet is very thankful to lenders, since they will pull her family out of a very tough financial state.


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
  • 206
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,805,850
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Svet Sharshekeeva's Group's $1,450 loan helped a member to purchase more heads of cattle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011