A loan of $1,500 helped a member to purchase cattle.


Zubaida's Group's story

Zubaida S. is the leader of this group. She is 53 years old and married. She has a son who is eleven years old. Her husband is retired. Zubaida grows rice and sunflowers. Her husband helps her with the farming. She started this activity seven years ago with an initial investment of 5,000 KGS. Now, she earns 7,000 KGS monthly from her farming business. She decided to start breeding cattle. She is applying for a loan in order to purchase cattle, which will be the start for her cattle-breeding business. In the future, she is planning to buy a house in Bishkek, the capital of Kyrgyzstan.

Group members:
Nurzhamal S. is the treasurer of the group. She is 44 years old and married. She has a daughter who is 16 years old. Her daughter goes to school. Her husband works in Russia. She is a farmer. She started farming seven years ago with an initial investment of 7,000 KGS spent on sowing sunflowers. Now, she earns 5,000 KGS monthly. She decided to start breeding cattle. She is applying for a loan in order to purchase cattle for breeding. In the future, she plans to build a house.

Shazada M. is 50 years old and married. Her husband is retired, and his monthly retirement allowance is 2,500 KGS. Her daughter is 17 and enrolled in an institution of higher education. She farms sunflowers and rice. She started farming ten years ago with an initial investment of 2,000 KGS. Her monthly income is 5,000 KGS. She is applying for a loan in order to purchase cattle and start breeding them. In the future, she is planning to build a house and purchase furniture for it.

Aiymkan B. is 62 years old and a widow. She has two sons who are 26 and 24 years old. Her older son works in Russia, and her younger son is a trader. She grows rice and sunflowers. Her younger son helps Aiymkan with the farming work in his free time. Three years ago she started farming with an initial investment of 2,000 KGS. Her current income is 5,000 KGS. She is applying for a loan in order to purchase cattle to start breeding them.

--- 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 (remaining environmentally friendly) and Profit (earning revenue to expand autonomously). MBF is the only microfinance institution 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: Zubaida , Nurzhamal , Shazada , Aiymkan


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Loan details