Check out other loans that are currently fundraising!
Jiydekan's Group
In this Group: Jiydekan, Cholpon, Gulnara, Toktokan
Jiydekan, 52, is the leader of this group. She is a widow and resides in a town of Toktogul. She lives with her oldest son, while her two other children live separately.

It was her daughter’s idea to try running this business, and she helped with the initial investment of 10,000 soms. It’s been ten years since the start-up, and the business is flourishing thanks to Jiydekan’s efforts. Jiydekan believes in the responsibility, ambition and hard work of her group members. She believes the loan from Kiva lenders will be a significant help for each of them. Jiydekan plans to spend her own part on the purchase of additional head of livestock.

--- 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
  • 131
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,420,675
    Funds lent in using Kiva
  • 45.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiydekan's Group's $1,550 loan helped a member to purchase livestock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 6, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012