A loan of $975 helped a member to pay for the daughter's education at university.


Ainura's Group's story

Ainura M. is the leader of the group. She is 41uears old and married. She has two daughters and two sons. The first daughter is in university and the other children are at school. Ainura is a teacher at school and her husband works in construction. Fifteen years ago in order to make money they started to breed livestock. By selling some animals after fattening, they make money to cover their family expenses. Ainura applied for the loan because she needs money to pay for her daughter’s education at university. In the future she wants to increase the number of livestock they own and have enough money to provide her children good education.

Ainura T., 28, is married. She has two sons and two daughters. The first daughter is at school, and the other children are preschool age (under 7). Two years ago with the initial investment of 40,000 soms Ainura started to breed cattle. By reselling the cattle after fattening she makes 10,000 soms per month. Her husband works in construction and when he is free he helps his wife with her activity. Ainura hopes to obtain the loan because she needs money to purchase school accessories for her children. In the future she wants to build a new house.

Mira A., 40, is married. She has two sons and two daughters. The first son studies at university and the other children are at school. Mira and her husband are engaged in livestock breeding. Her husband also works as a tractor driver. By reselling sheep after fattening, they make 8,500 soms per month. With money received from the loan, Mira wants to purchase five sheep to increase the number of livestock and with part of the loan she will use to purchase school accessories for her children.

Chynargul B. is the treasurer of the group. She is 41 and married. She has two daughters and two sons. The first son and the first daughter are at school and the other children are preschool age. Chynargul works as a librarian and receives 2,200 soms per month. Her husband has been engaged in cattle breeding since 1995 By selling cattle after fattening he makes 6,000 soms per month. With the money received from the loan, Chynargul wants to purchase school accessories for her children. In the future she wants to improve her living conditions and provide her children with a good education.

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

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Microfinance Institution in Kyrgyzstan. MBF 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). MBF is the only Microfinance Institute in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about MBF 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 MBF staff.

In this group: Ainura , Ainura , Mira , Chynargul
*not pictured


Loan details


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Loan details