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Mira Jalpetekova's Group
In this Group: Mira Jalpetekova, Zyinat, Samara, Semetei, Gulsyina
Mira, 61, leads this group. Like most of her neighbors in the village of Kochkorka, she makes a living raising cattle. In recent years, this work has become harder for her to do because of health issues, so she is grateful to have a 24-year-old son who has taken over the work and is continuing to increase the number of cattle they own. This is important because it’s easier to cover fixed and variable costs with a large herd than a small one. Mira is applying for this loan to buy more cattle and increase her family's income so that her son can buy a car and begin working as a cab driver.

--- 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
  • 153
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,489,600
    Funds lent in using Kiva
  • 45.1
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mira Jalpetekova's Group's $1,900 loan helped a member to buy more cattle to raise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 5, 2012