Ainura Kyisaeva's Group
Fourteen years ago Ainura’s sister suggested she breed livestock to make additional money. Since that time she has been doing so. She started with an initial investment of 2,000 KGS, and now she earns 3,000 KGS per month. This profit made it possible for her to improve her living conditions and purchase a DVD player and a TV.
With money received from her loan Ainura would like to purchase more livestock for breeding. In the future she wants to build a house for her sons.
About Mol Bulak Finance
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.
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.
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Success!! The loan was 100% repaid