Total loan: $1,425

Minavar's Group

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Nookat, Osh Region, Kyrgyzstan / Agriculture

Minavar's Group's loan finished fundraising,
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A loan helped To purchase a calf.

Minavar's Group's story

Minavar M., 53, is the leader of this group. She is 53 and married. Her spouse temporarily works in Russia. The family has two children--the son is also in Russia, the daughter is a schoolgirl. The main family incoming comes from cattle breeding. Seven years ago, Minavar sold potatoes in the market. With her earnings, she decided to purchase a cow, and since then she has been reselling cattle. The purpose of this loan is to buy another calf. In the future, the family wants to buy a flat in Osh city. Muhabat A., 40, is the treasurer of the group. She is a widow who is raising three sons on her own. The eldest son is in the military and the other two are schoolboys. Muhabat makes money by selling fruits and vegetables. When she started her business 12 years ago, she sold cotton-seed oil. Out of her profits, she has managed to build a house. She will use her part of the loan to purchase a calf. In the future, she is planning to buy a car. Ulanbek D., 21, is a bachelor. In his childhood, he helped his father breed cattle. Now, for the past two years, he is breeding cattle on his own. He has earned sufficient money to build a temporary house. Ulanbek wants a loan to purchase a calf. In the future, he wants to marry and to buy an automobile. Tynchtykbek T., 24, is married. His wife is a teacher. The family makes their living by cultivating tobacco and by reselling cattle. Since 2007, Tynchtykbek has been reselling livestock. His profits have enabled him to buy a lot. The loan purpose is to buy cattle. In the future, he is planning to build a house on his new lot. --- 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 receive special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF staff.