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Baljinnyam
Baljinnyam is 53 years old, married and the father of two daughters. He lives in Ulaanbaatar, the capital city of Mongolia. He and his family live together in ger a traditional Mongolian nomadic tent. His daughter Otgonsukh is a beautician at soyol beauty salon. His wife operates a grocery store on their plot of land.

He started his taxi business in 2007 then purchased another taxi to rent for 10.000 MNT per day. His family is the most important thing for him and he says, "as a father, I would like to buy a ger(a traditional nomadic tent) for my oldest daughter, Otgonsukh.

He is very hardworking and energetic person and is requesting 1.200.000 MNT to purchase a ger for his beloved daughter.

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 Mongolia

  • $2,175
    Average annual income
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,307,900
    Funds lent in using Kiva
  • 1,302.1
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Baljinnyam to purchase a ger for his eldest daughter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011