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Anara's Group
In this Group: Anara , Maratjan, Gulnara, Kalbubu
Anara A., 54, is the leader of this group. She is married to a farmer and has five grown children. Her children chose various paths in life; for instance, one is a teacher and another is a customs service officer. Left together with her husband they keep running the business that was started ten years ago. Anara feeds, waters and pastures the cattle.

The couple is very thankful to micro-crediting firms for providing such opportunities for small businesses to survive in the market and prosper. The credit of 4,000 KGS taken in 2000 from a local firm has helped her business take its first humble steps. Since then the monthly income is about $43, which allows covering all operating costs. The purpose of this loan is to purchase a bull-calf for further fattening and reselling.

--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Micro-finance 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 Micro-finance 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 micro-finance 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
  • 153
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,555,225
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Anara's Group's $1,075 loan helped a member to purchase a bull-calf.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 5, 2012