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Mairam's Group
In this Group: Mairam, Aida, Nurgul, Nurgul
Mairam is the treasurer of this group. She is 37 and married to a tractor driver whose monthly salary is about 5,000 soms. Together with her husband, she is bringing up two sons and two daughters. The sons and the older daughter are at school, but the second daughter is not yet as she is preschool age (under seven).

Five years ago, with an initial investment of 8,000 soms, Mairam opened a trade place and started to sell foodstuffs. At the moment she earns about 8,000 soms per month. With money received from the loan, Mairam wants to purchase more foodstuffs and detergents for trade.

In the future she plans to expand her business and, with the profits gained, Mairam will start building a house.

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--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.

Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of the 3-Ps concept - People (building human capital and taking care of its customers and the society as well), Profit (to be profitable in order to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a Video presentation about the organization, please visit: www.kiva.org/about/aboutPartner?id=135.

If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak 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
  • 128
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,258,400
    Funds lent in using Kiva
  • 45.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mairam's Group's $900 loan helped a member to purchase foodstuffs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011