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Gulumkan's Group
In this Group: Gulumkan, Kulnara, Kanyshai, Durusbek
Independent entrepreneurship is the most preferred manner of doing business. It brings chances for self-development, taking risks and managing your personal finance.

Gulumkan C., 26, is a leader of this group. She resells poultry, mainly turkey. The whole idea belongs to her mother-in-law, who has had a good experience raising poultry. Peak sales of turkey were on New Year’s Eve. The revenue raised from sales helped the family obtain a nice gift of furniture for the house. Gulumkan succeeded to increase returns up to 25,000 soms and have 4,000 soms of income per month. Gulumkan’s diligence and patience have paid off. Now she applies for a loan from Kiva with the purpose of buying some more turkey for further reselling.

--- 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:

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 Members will get special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF 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
  • 60
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,887,550
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gulumkan's Group's $850 loan helped a member to purchase turkeys.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 29, 2010
Jan 19, 2011
Currency Exchange Loss:
Nov 15, 2011