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Bubualiy's Group
In this Group: Bubualiy, Ulan, Kenjegul
Bubualiy is the leader of this group. She is 56 and married to a farmer. Together with her husband she has raised two sons and three daughters. All the children, except the youngest son, work in Russia.

In 1990 after the collapse of the USSR, Bubualiy started to sell fruits and vegetables with an initial investment of 5000 soms. She has a lot of experience in this sphere and at the moment her business is running well. She earns 15,000 soms per month.

Bubualiy applied for the loan because she needs additional funds for purchasing more fruits and vegetables. In the future she wants to build a house for her younger son.

--- 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
  • 129
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,258,400
    Funds lent in using Kiva
  • 44.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Bubualiy's Group's $1,150 loan helped a member to purchase fruit and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2011
Listed
Aug 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012