A loan helped a member to purchase rice.

Jambu's Group's story

Jambu A. has the status of the group’s leader. She is 40, and divorced. By herself, she has to take care of her two children, both of whom are in school. This businesslike woman supports her family by farming; she cultivates sunflowers and millet. Thirteen years ago, when she divorced her husband, she began her own business, and now she also breeds cattle. Jambu wants to get a loan in order to purchase 1.5 tons of ground rice at 18 soms per kg, in order to resell it in the spring for 30 soms per kg. In the future she is planning to build a canteen (refreshment counter) in the stockyard market.

Jambu’s partners:

Aizada T. is 55 and married. Her big family consists of her spouse and their six children. The family members make their living by cattle breeding. In order to purchase a milk cow, they hope to obtain a loan. In the future Aizada wants to increase their cattle stock.

Maria A. is 48 and married. Her family has four children. Besides her husband's earnings from taxi-driving, the family cultivates and sells rice. From 15 years of working hard they have managed to build a house. The loan purpose is to prepare four hectares of their land for harvesting. In the future Maria is planning to increase their cattle stock, and then to arrange her sons’ weddings.

Mamatkamil I. is 55 and married. Together with his wife they have six children. The head of the family and his sons are engaged in rice and corn cultivating. The family needs to obtain a loan in order to plant millet on a one-hectar area. In the future Mamatkamil wants to purchase an allotment for cultivating rice, and plans to increase his cattle stock.

Manzurahon D. is 24 and married. She is the treasurer of the group. Her family has four children. The family has their own business which consists of baking the national bread. The purpose of the loan is to purchase a “Mercedes Benz” automobile. In the future the couple plans to build a big house.

--- 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: Jambu, Aizada, Maria, Mamatkamil, Manzurahon

Loan details

Lenders and lending teams

Loan details