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Saodatkhon's Group
In this Group: Saodatkhon, Dilshodbek, Gavharai
Saodatkhon, 42, is the leader of this group. In order to earn money to meet the family's needs, her husband went to work in Kazakhstan. There are four children in their family: two sons and two daughters. The older son works in Kazakhstan with his dad and the other children study at school.

Saodatkhon breeds cattle to contribute additional money to the family budget. At the moment she has a cow and a calf. She earns an additional 2000 soms per month by selling milk. With money received from this loan, Saodatkhon wants to purchase more farm animals for breeding and further reselling. In the future, with the money gained from reselling cattle she plans to start repairing their house.

--- 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

  • $2,500
    Average annual income
  • 171
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,536,875
    Funds lent in using Kiva
  • 45.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Saodatkhon's Group's $1,200 loan helped a member to purchase farm animals for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012