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Chynarkan's Group
In this Group: Chynarkan, Jyparkan, Karimakan, Nurilyakan
Chynarkan is the leader of this group. She is 50 and married to a hospital attendant, who is also engaged in livestock breeding. Three years ago Chynarkan bought three goats for 1500 soms and since that day the family has been breeding livestock to make additional money to meet their daily needs. With the money from this loan Chynarkan wants to buy more livestock for breeding, fattening, and resale. In the future she wants to improve the family's living conditions and wishes to build a big house for her children.

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:
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 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
  • 74
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,919,875
    Funds lent in using Kiva
  • 44.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Chynarkan's Group's $1,025 loan helped a member to buy livestock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 8, 2011
Aug 17, 2011
Currency Exchange Loss:
Jun 15, 2012