A loan of $1,150 helped a member to buy a milk cow.

Atyrgul's Group's story

Atyrgul A. is the leader of this group. She is fifty-five and is a mother of three children. Atyrgul and her husband are in the sheep-breeding business. In the beginning they had to save diligently in order to purchase their first livestock. Eventually they were able to buy a cow, and later they started to breed livestock and sell it as necessary. It is difficult to over-estimate the importance of having livestock for Atyrgul and her husband: with the income they earned they were able to build a house, give an education to their children, and even bought an apartment in the capital. Atyrgul and her husband also grow vegetables in their own garden.

In addition to the livestock-breeding business, Atyrgul keeps cows and sells milk. Just the monthly profit from the sale of milk is about 2700 soms (local currency). But twenty years ago, when they just started their livestock business, they were able to buy their first cow for only 1000 soms. Nowdays a cow costs almost twelve times as much. Atyrgul and her husband know the value of time. When they raised their children they tried their best to give them an education and the freedom to choose their profession. And the children have made their choice: they decided to go into police work. The eldest son is twenty-nine and is married. He is a police detective. The middle son is twenty-seven and he is not married yet. He works as as a detective as well. The youngest son has not yet finished college. Atyrgul wants to purchase an additional dairy cow. Without a loan it will take her a long time to save up enough money. She really hopes to obtain this loan so she can realize her plans. She would would like to get her two younger sons married and also to increase the size of her flock.

Atyrgul has three partners in her group:

Rahat A. is thirty-seven. Rahat is raising four children. Her husband is a construction worker. Rahat stays at home and takes care of her five year-old-son. However, she also finds enough time to tend her livestock and sell milk. Rahat would like to get a loan to purchase a bull.

Roza B. is forty-two. She and her husband tend to their sheep and cows. They are raising three children. The eldest daughter is sixteen, and the youngest son is seven. Roza is seeking a loan in order to purchase sheep for breeding.

Dinara O. is thirty-six. She is a mother of three children. Her spouse is a self-employed electrician. Dinara has a home-based retail business. She would like to get a loan in order to purchase a stock of goods to sell.

--- 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: Atyrgul, Rahat, Roza, Dinara

Translated from Russian by Kiva volunteer Andrei Vazhnov

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