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Damira's Group
In this Group: Damira, Aigul , Zarema , Kauhar
Nowadays, at the time of global crisis, almost every country is in an unstable position. Even highly-developed, industrial, economically self-sufficient states are confronted by difficulties. It’s the same with the developing country, Kyrgyzstan. But it’s not a forcible argument to stop working, stop earning money and suffer losses. People want to live happily against all the odds.

Damira K. is the leader of this group. She is 33. Together with her husband, who earns his livelihood by working as a private builder, she brings up four sons, all in school.

Besides working in the sphere of passport documentation, Damira runs a family business. Thirteen years ago, having some money saved, she and her husband began their business. The very first step was starting to breed cattle; the second was to increase the number of cattle.

With money received from the loan Damira wants to purchase more cattle. In the future, she wants to widen the shed to enable her to keep more cattle and, in order to improve the family’s housing conditions, make thorough house repairs.

Damira's partners are:

Aigul D., 29, a private entrepreneur, is married and has three children. She opened a shop after getting some money from her husband. Her aim is to extend her business. She wants to expand the assortment of goods and to make major shop repairs.

Zarema K., 32, is married to a builder and has no children. She and her husband earn their living by selling goods in the market. After earning a profit, they bought a refrigerator and a washing machine. The aim of the loan is to expand her assortment of goods. In future she hopes to rent a container.

Kauhar M., 30, is the treasurer of the group. She is married and has five children. She began her business with selling ice-cream. As the business developed, she also began to sell disks and audio cassettes. Her aim is to extend her business. She intents to finish a new house she is building.

--- 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:

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 Members will get special updates and news from the Kiva Fellows in Kyrgyzstan and from Mol Bulak staff.

Additional Information

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.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 80
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,904,175
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Damira's Group's $1,500 loan helped a member to purchase more cattle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 27, 2010
Sep 11, 2010
Currency Exchange Loss:
May 15, 2011