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Janylkan's Group
In this Group: Janylkan , Damira, Kuliy, Atyrkul
Janylkan, 48, is the treasurer of this group. She is a very hardworking woman. Together with her husband, she started cattle breeding. However, due to high investment needs, she switched to farming. It was 2002 when she, with her own funds of 4,000 soms, bought her first potato seeds and fertilizers. Soon she had generated enough revenue to organize the wedding ceremonies for her son according to Kyrgyz traditions. Janylkan’s purpose for this loan is to purchase fertilizers for proper care of her potatoes. Janylkan is grateful to Mol Bulak Finance for providing access to Kiva funds. She realizes how getting financial assistance in hard times is helpful for the continuation of business.

--- 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 Janylkan's Group's $1,525 loan helped a member to purchase fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jul 15, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012