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Saingerel
Saingerel, B. is a humble, helpful and open-minded person. She is lives with her husband and one-year-old daughter in Ulaanbaatar, the capital of Mongolia. They all live together in a traditional Mongolian nomadic tent.

Saingerel has been operating a taxi business since 2005 and, after the birth of her daughter, her husband helps in the business.

Saingerel enjoys transporting people. She says, “I must be very responsible and careful when driving my car in order to provide a safe ride for my customers.” Also she says, “The most important thing to me is to provide a good education for my children."

Saingerel is requesting a loan to purchase construction materials to build a house.

Additional Information

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,398,050
    Funds lent in using Kiva
  • 1,344.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Saingerel to purchase construction materials to build a house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 12, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011