Funded

Total loan: $1,175
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Upol's Group

Kyrgyzstan
Tup, Kyrgyzstan / Agriculture

A loan of $1,175 helped a member to purchase cattle.


Upol's Group's story

Upol A., 63, is a leader of this group. She and the members of her group are the residents of the small town of Tup, the main activity of which is cattle breeding and raising crops. Despite her age, she stays energetic and enthusiastic with her business. Upol’s husband relies on his pension, so he also makes contributions in feeding, raising and selling the cattle. Upol is happy with her accomplishments, since she’s a proud mother of five kids and a respected veteran in cattle breeding. Her youngest son gains experience from her and learns all techniques very quickly. The roots of this business appeared in 2005 when the family sold all their crops from the land and spent the proceeds on purchasing cattle. For now, a monthly profit from the business is 4,000 soms. Upol’s final goal is to reach 15 heads of cattle in her household. She’s confidently stepping towards the goal. With the loan from Kiva, she plans to purchase two cattle.

--- 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: Upol , Jiydegul, Ulan
*not pictured


Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: March 3, 2011
Facilitated by Field Partner: MCC Mol Bulak Finance LLC

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: March 3, 2011
Facilitated by Field Partner: MCC Mol Bulak Finance LLC