Tash Komur city used to be a prospering coal mining city with a predominantly Russian population. After the collapse of the Soviet Union, the mining process stopped and the whole process of development of the city’s infrastructure deteriorated. Now, this city is one of those cities that are regarded as dead cities, due to its high level of migration and unemployment.
Our heroes are today’s residents of this city and Mairamkul T. is the leader of this group. She is a widow and has raised her children, facing all the difficulties herself. Now she is forty-two and, to provide for her family, she is occupied with cattle breeding. About fifteen years ago, she bought a cow and three goats and started raising cattle. Apart from that, she is also engaged in farming, growing certain kinds of vegetables.
Mairamkul is the mother of four children. Her eldest son is a tractor driver and the rest of her children are daughters who help her look after the cattle and the garden.
Mairamkul has applied for this loan as she wants to buy one more cow so as to have more milk for sale. She plans to send her eldest daughter to Jalalabad city to a medical school.
Aigerim T., 19, is married and has a daughter. She trades in watermelons and vegetables, as her mother-in-law offered to look after her child. Sometimes she and her husband sell vegetables by driving around the city in their car. Aigerim needs a loan to repair their kitchen.
Meriza S., 19, is single and lives with her grandmother. To provide for herself and her grandmother, she grows vegetables, breeds cattle, and works as a waitress in a café. She needs this loan to buy two calves.
Kubataaly K., 65, is retired. He grows corn, tomatoes and onions and, besides this, he keeps cattle. By having two occupations, he has been able to build a two-story house. He needs a loan to build a winter kitchen.
--- 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 in order 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: 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 www.kiva.org/team/kyrgyzstan. Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.
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.
36View loans »
Success!! The loan was 100% repaid