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Sabira's Group
In this Group: Sabira, Aigul, Aishabubu, Anarbubu
Sabira is the leader of this group. She is 69 and is married to a farmer. Together with her husband, who is a pensioner, she has raised five daughters and three sons. All her children are married and live with their families. Only the youngest son lives with his parents (under the Kyrgyz traditions the youngest son’s family lives with the parents). To make additional money to meet their needs, the family breeds cattle. They have been doing it for twenty years, so this family has a lot of experience in this sphere. With this loan, Sabira wants to purchase three farm animals for breeding and construction materials for repairing the house.

--- 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: http://www.kiva.org/about/aboutPartner?id=135
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 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
  • 143
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,432,150
    Funds lent in using Kiva
  • 46.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabira's Group's $1,375 loan helped a member to purchase three farm animals for breeding.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012