Total loan: $1,100


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Bishkek, Chuy Province, Kyrgyzstan / Education

Zhypara's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to pay for her bachelor's degree in economics at AUCA.

Zhypara's story

Zhypara has a large family of 9: parents and 6 siblings. Her parents work at the local bazaar. Her two elder sisters are studying on full scholarships at the universities, so her parents are struggling to make ends meet. The difficult financial situation of her family became an obstacle for her to get a higher education last year. So her classmates from her school are now sophomores, and Zhypara, having lost one year without funding, is now doing her best to find donors and be a freshman. She decided not to wait until the day when her parents can afford her education, so she applied for financial aid of AUCA and got it. Now she hopes to get a Kiva loan, which will defer the part of her payment until she graduates. Zhypara could go abroad like many people of Kyrgyzstan, to Russia for example, and make quick money. But she remembers her mother’s career path; when she had a Red Diploma in accounting, she had to leave with her husband to Almaty’s bazaar, so that they could repay their loans. After that, she got children and stayed as a house-wife. Zhypara is sorry for her mom, but promised to not repeat her steps and go with her own way as her sisters did. Zhypara's main dream is to open her own social bank, like Muhammad Yunus, and help people of her country, especially women, to open their own businesses, even while they are at home. Zhypara believes that her studies at AUCA will help her to learn more about world practices and maybe even gather a team of groupmates, who will become her business partners in the future.