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Irina's Group
In this Group: Irina , Galina, Marat, Baktybek
Irina, 40, is the leader of this group. A few years ago she became a widow, but it didn’t keep her from becoming an ideal parent and a role model for her three daughters and a son. Two of her kids still depend on Irina financially and that motivates her to provide a steady income.

For four years Irina has been breeding cattle. A loan received in 2007 helped her to get involved in this small business. Along with cattle breeding Irina is involved in a home supplies retail outlet in a local market. Thanks to both businesses, Irina receives a profit of 4,000 soms per month. Now the herd has been expanded to three head. Irina plans to continue breeding cattle, therefore she asks Kiva lenders to finance the purchase of one head of cattle. Irina’s big wish and a long-term goal is to build a house of her own.

--- 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
  • 45.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Irina's Group's $1,125 loan helped a member to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012