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Tuyatsetseg
Tuyatsetseg is 48 years old, married, and mother of 6 children. She lives in a small house with her husband and 4 children in Ulaanbaatar city, capital of Mongolia. Her husband Adilaa works long hours as a taxi driver to support the family. Two elder daughters live separately. Her two sons 18 and 20, are both attending university. The younger two children go to secondary school nearby their home.

Tuyatsetseg has operated a retail butcher business in the biggest meat market in Ulaanbaatar city for the last 14 years. She has gained valuable experience in previous years, and has a loyal customer base. She is grateful to those responsible for making her dream come true by giving her children good education and morals, therefore she promises to complete her payments by the established deadlines. She is requesting a loan to purchase a variety of meat and increase her business and income potential.

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
  • 6
    View loans »
    Mongolia Loans Fundraising
  • $15,337,175
    Funds lent in using Kiva
  • 1,280.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Tuyatsetseg to increase her business and to purchase more meat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011