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Oltinoi's Group
In this Group: Oltinoi , Sharipahan, Hilolahon, Mairamhan
Oltinoi J., 37 and divorced, is the treasurer of this group. She takes care of two daughters, one 14 years of age and in school, and one under seven who is not yet attending school.

Three years ago, with an initial investment of 5000 soms, Oltinoi started selling a variety of women’s jackets, skirts and dresses in the market and now earns 8000 soms per month. With the business profits, Oltinoi has improved her family's living conditions and paid for her daughter's school tuition. She has applied for this loan in order to purchase more clothes to sell. In the future Oltinoi plans to expand her business and dreams of opening her own store.

--- 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:

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 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
  • 71
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,300,500
    Funds lent in using Kiva
  • 46.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Oltinoi's Group's $1,525 loan helped a member to purchase more clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 11, 2011
May 16, 2011
Currency Exchange Loss:
Mar 15, 2012