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Mairamkul's Group
In this Group: Mairamkul, Joomart, Baktygul, Karachach, Kukun
Mairamkul, 43, is the leader of this group. She was married 23 years ago and brought up a big family of five children. She resides in the village of Tup, which is hidden in the picturesque scenery of the Kyrgyz mountains. Families that live in this remote area follow the basic Kyrgyz nomadic lifestyle. Livestock is a big asset for the local farmers.


Mairamkul was gifted by her parents with a horse, which has been very helpful to her husband in the fields, and a cow to start a dairy business. Ten years of intensive work has led to 3,000 KGS monthly, and it has allowed Mairamkul to start construction on a house and shed for livestock.


Mairamkul hopes her group will be granted a loan, with her portion to be spent on purchasing five lambs for breeding. She looks forward to spending her profits on her house and a warehouse to store crops.


--- 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
  • 87
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,451,600
    Funds lent in using Kiva
  • 45.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mairamkul's Group's $1,900 loan helped a member to purchase five lambs for breeding.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012