Check out some available loans that are similar to this one!
Gulsara's Group
In this Group: Gulsara, Muratbek, Akimjan, Nazgul
Gulsara is the leader of this group. She is 42 and married. Her husband went to work in Russia for making money. She takes care of six children: four sons and two daughters. The first son, together with his dad, works in Russia, and the other children study at school. In order to contribute money to the family budget, Gulsara cultivates and sells agricultural products. She started this activity twenty years ago and her monthly profit is approximately $110.

She hopes to obtain the loan because she needs money to purchase fruits and vegetables for resale. In the future Gulsara wants to provide her children a good education and soon she plans to start house repairs.

--- 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

  • $2,100
    Average annual income
  • 119
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,078,175
    Funds lent in using Kiva
  • 46.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulsara's Group's $1,525 loan helped a member to purchase fruits and vegetables for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012