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Svetlana's Group
In this Group: Svetlana, Jumakul, Umutkan
Svetlana, 49, is the leader of this group. She is married and has four daughters, the youngest 10 years old. Svetlana has been a farmer in her home village of Tyup for five years. Farming is a seasonal occupation for her; she also works in a local cement producing plant. Svetlana’s daughters made a big contribution of start-up capital for her business, which allowed Svetlana to purchase supplies such as potato seeds. The income from sales of her agricultural products has helped finance her daughter's wedding ceremony. Svetlana has hired field workers for help. Her other major costs include fuel and fertilizers. Svetlana believes that the requested loan will cover these costs.

--- 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
  • 36
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,533,825
    Funds lent in using Kiva
  • 45.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A portion of Svetlana's Group's $1,125 loan helped a member to purchase fuel and fertilizers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 10, 2011
Jun 18, 2011
Currency Exchange Loss:
Jun 5, 2012