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Bumalike's Group
In this Group: Bumalike, Muradil, Nurila
Bumalike is the leader of this group. She is 52 and is married to a welder. Together with her husband she has raised two daughters and four sons. Her daughters are married and live separately with their own families. Her older son works in Russia and her youngest son lives at home and helps her with housework.

Bumalike works as a cook at a school. She is also engaged in livestock breeding. Reselling livestock after fattening them, she contributes an additional 3000 soms to the family budget. With the money received from this loan, Bumalike wants to purchase two sheep in order to increase her number of livestock. In the near future, Bumalike wants to give her youngest son a good education.

--- 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

  • $2,100
    Average annual income
  • 123
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,511,900
    Funds lent in using Kiva
  • 45.1
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Bumalike's Group's $900 loan helped a member to purchase two sheep.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 25, 2011
Aug 30, 2011
Currency Exchange Loss:
Jul 15, 2012