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Jypar's Group
In this Group: Jypar, Zhajlobaj, Gulzhamal, Tozhihon
Jypar is the group’s leader. Jypar has one son and one daughter. Both of her children go to college and don’t work. At the age of 49, she works as a commander of the guard. She used to run a little farm. About a year ago she sold one calf and started selling summer hats. To spend $350 at once was a large sum for her, but she overcame her doubts and invested in hats. As a result, she earned around $200 and this allows her to pay for her children’s education.

Jypar has a desire to expand her business and to do that she needs a loan. With half of the loan she wants to buy men’s and women’s hats, and with the other half she wants to purchase children’s Panama hats. She plans to get a container and achieve $1,200 turnover. As her children grow, so do her expenses for their education. Owning and running her own container would let her meet her growing needs.

The other members of the group are Guljamal, Jailobai and Tojihon. Guljamal is 42. She has been selling women’s clothes and has raised six children. Her spouse works as an unskilled laborer. Guljamal needs a loan to make a repair at her house, since summer is the best time to do this.

Jailobai, 38, is married. He is occupied with selling cosmetics, household goods, detergents and women’s hygienic cleansers. Four years ago he obtained a loan and started his business. So far he has bought a house and livestock. Now he needs another loan to buy different brands of detergents.

Tojihon is 29. Together with her husband, she sells men’s clothing, pants and jogging trousers. After nine years of hard work, they were able to buy a house. They want to purchase more items of clothing to attract more customers and eventually increase family income, since they intend to save funds for their sole daughter’s education. But to do that they need to obtain a loan.

--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance, a young and ambitious socially-focused MFI in Kyrgyzstan.

Mol Bulak Finance is strongly committed to the principles of sustainable development on the basis of the 3-Ps concept: People (building human capital and taking care of its customers and the society as well), Profit (to be profitable to grow further) and the Planet (taking care of the environment). It is also the only MFI in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about Mol Bulak and view a video presentation about the organization, please visit:

If you would like to support and learn more about Kyrgyzstan and micro-finance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan - at Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak 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
  • 68
    View loans »
    Kyrgyzstan Loans Fundraising
  • $12,008,925
    Funds lent in using Kiva
  • 43.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jypar's Group's $875 loan helped a member to purchase men's, women's and kids' hats for the store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 3, 2009
Jul 17, 2009
Currency Exchange Loss:
Dec 15, 2009