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Gulaiym's Group
In this Group: Gulaiym, Nargiza, Umsunai
Gulaiym is the leader of this group. She is 49 and is married to a driver whose monthly salary is 5000 soms. Together with her husband she brings up four sons, all of whom are working in Russia. Each month they transfer some money to Gulaiym to meet daily needs. To earn additional money Gulaiym breeds livestock and sells dairy products. She buys milk in the village and then resells it in the city. In this way she earns 4000 soms per month. With the loan she wants to purchase two sheep for breeding. In the future Gulaiym plans to open a poultry farm.

--- 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
  • 86
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,455,600
    Funds lent in using Kiva
  • 45.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulaiym's Group's $550 loan helped a member to purchase sheep.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Sep 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012