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Yusunbaatar
Yusunbaatar is 28 years old, married and father of two daughters. They all live together in a small wooden house in his parents-in-law’s plot of land in Ulaanbaatar, the capital of Mongolia. His wife Bolortsetseg 33 works along with him. His eldest daughter Khongorzul, aged 9, attends a local secondary school and his youngest daughter stays at home. Yusunbaatar is currently operating a bakery shop. He was a taxi driver for many years by using his own car. Yusunbaatar is very hardworking person with strong will and providing his children to give good education and morals. He is requesting 2.200.000 MNT loan to purchase a cake oven for his business.

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

  • $5,900
    Average annual income
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,270.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,750 helped Yusunbaatar he is requesting 2.200.000 MNT loan to purchase a cake oven for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 18, 2011