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Elmira's Group
In this Group: Elmira , Jazgul, Ishengul, Mirbek
Elmira T., 52, is a leader of this group. She lives in a village Bokonbaeva, named after a classical Kyrgyz writer. Elmira is married and has a seventeen-year-old son, who is getting ready to apply to college this year. This is a very important issue for Elmira, because she didn't have a chance to get a college degree and promised that it would never happen to her kids. Elmira believes that education will open new doors into the future for her son. She says she’s lucky to work at the same place as her husband. It allows her to spend more time with him and quickly solve various problems. She is employed as a janitor, while her husband is a security officer. Along with these jobs the family has livestock and resells them frequently. Four years of cattle resells has helped the family to make major repairs in the house and a shed. The revenue is usually spent on family needs and invested back in the business. Elmira and her group have know each other for a very long period, and are sure to repay the loan successfully. Elmira’s purpose for the loan is to invest these funds back in her business and buy some more cattle. She strongly hopes that she will soon be able to earn enough to pay her son’s tuition.

--- 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
  • 30
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,873,450
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Elmira's Group's $1,375 loan helped a member to purchase cattle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 14, 2011
Mar 5, 2011
Currency Exchange Loss:
Sep 15, 2011