A loan of $1,425 helped a member to repair the family's animal shed.

Alagush's Group's story

Alagush S., 59, helps her husband in the cattle-breeding business. They have been doing this for 10 years, beginning with 6,000 KGS. Today, they make a monthly profit of 10,000 KGS. Saving up, little by little, they have been able to buy a vehicle. Alagush also works as a bookkeeper. She has four daughters who are all married. She is asking for a loan in order to repair the family’s animal shed, where they sometimes keep their cattle.

Alagush has four partners, all of whom work in a lab at a veterinary clinic (among other things):

Kuliypa A., 55, lives by herself and has a cattle-breeding business. All her children are married. Her younger son helps her with her business which she started five years ago with 2,000 KGS and now makes 3,000 KGS per month. Her first achievement was that she was able to contribute money for her son's wedding. Now she is asking for a loan to buy three calves. She is planning that the calves will graze in the mountains until August.

Gulnara A., 43, works in a veterinary clinic. She is a widow and has four daughters ranging from ages 12 to 19. She plans to use the loan to pay for medical expenses for one of her daughters .

Damira Z. wants to use the loan to buy furniture for her home. She is 55 and married, Her husband used to work on a collective farm but when the collectives broke down, he started breeding cattle. They started this seven years ago with an initial investment of 5,000 KGS. Now they make 4,000 KGS per month and with this profit, they were able to build a house. Damira has one son who is 20 years old and currently at college.

Ainagul A., 58, has a daughter who is a student. Ainagul's husband is retired, so Ainagul and her husband breed cattle to make money. They have been doing this for six years, starting with an initial investment of 3,000 KGS. Now they earn 3,000 KGS per month. With the money received from the loan, Ainagul would like to pay for national mandatory military training.

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

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

Mol Bulak Finance 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). Mol Bulak is 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: 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 will get special updates and news from Kiva Fellows in Kyrgyzstan and from the Mol Bulak Finance staff.

In this group: Alagush, Kuliypa, Gulnara, Damira, Ainagul

Loan details

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Loan details