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Aida's Group
In this Group: Aida, Jailookan, Gulbaira
Aida is the leader of this group. She resides in Balykchi, a small town in the Isykul region. She is 33 and married to a musician. Together with her husband, she brings up two daughters and a son. All three children are preschool age (under seven).

In order to meet the family needs, Aida’s husband provides musical services at various celebrations and events. Aida helps her husband with that activity. In this way the family earns 15 000 soms per month. Aida applied for the loan because they need additional financial funds to purchase musical equipment in order to improve the quality of the provided musical services. In the future she wants to provide her children with a good education.

--- 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
  • 134
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,264,125
    Funds lent in using Kiva
  • 46.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aida's Group's $875 loan helped a member to purchase musical equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011