A loan of $2,000 helped a member to buy fodder for cattle for winter time.

Nurbubu's Group's story

Nurbubu is a leader of this group. She is a mother of five children. Her oldest son is now 31 years old and youngest daughter is only nine. Nurbubu and her husband are farmers. They breed small cattle in specialized sheds for keeping cattle which are known as "kashars." Their kashar is in the suburb of Balykchi. Nurbubu is happy that she has grown so many children. Because all of them are actively helping their parents and by that contribute to their family business. They started with just keeping the cattle at their home. In a short period of time they managed to increase the headcount of cattle and they soon need a large space which they successfully found. Animal husbandry has become a golden niche for Nurbubu because thanks to this business Nurbubu and her husband have significantly improved their quality of life. Firstly, they have married their son without any difficulties, celebrated his wedding and bought him a car. All the expenses were covered by the profit made from selling cattle. Nurbubu is fifty two years old, but even now she works very hard every day and gives her soul to the growth of their business. Their starting capital included around fifteen thousand soms. Right now they can already make the third of this amount in one month. Nurbubu has decided to ask for a loan with the purpose to buy fodder for the winter time. This will allow her to successfully feed the cattle until the spring. Nurbubu very much wants to pay off the kashar in the next two years. She is ready to do everything she can to achieve it.

Nurbubu's group partners are: Abdykadyr, Aigul, Bermetkan and Anara.

Abdykadyr is sixty six years old. He is married and is a father of two children. To feed the family he breeds small cattle in the kashar. Abdykadyr needs a loan to prepare the fodder for the winter.

Aigul is forty eight years old. She is a mother of two children. Aigul is a housewife. Her husband transports and sells coal. He also works as a driver on the glass factory every fifteen days. Aigul needs a loan to pay her daughter's college tuition.

Bermetkan is forty nine years old. She is has an only daughter. Bermetkan breeds small cattle and her husband works in construction. With the help of the loan Bermetkan plans to buy fodder for the cattle for the winter.

Anara is forty years old. Four years ago Anara decided to start a business. She started selling gum, seeds, nuts and tobacco products. Her husband is already involved in her business. Anara needs a loan to increase her circulation of merchandise.

--- 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 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 who 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: http://www.kiva.org/about/aboutPartner?id=135

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 http://kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and Mol Bulak staff.

In this group: Nurbubu, Abdykadyr, Aigul, Bermetkan, Anara

Translator profile picture

Translated from Russian by Kiva volunteer Elena Fedorchuk

Loan details

Lenders and lending teams

Loan details