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Uranbileg
Uranbileg is 43 years old and lives with her husband, son, daughter, son-in-law and granddaughter in Ulaanbaatar, the capital city of Mongolia. Her family lives in a small house, in the outer ger districts of the city. Her son attends college, while her husband works as a driver at a local company. Uranbileg worked as a teacher at a kindergarten from 1989 to 2000.

Uranbileg supports her family by operating two clothing retail stalls at Narantuul, the largest outdoor market in Mongolia, with regular help from her daughter and daughter’s husband.

Uranbileg began her business in 2000 and now she has 2,500,000 Mongolian Tugriks (MNT) in working capital at her two stalls. She purchases clothing for her business from China once or twice a month, depending on her income. She is requesting a 800,000 MNT to purchase clothing for spring from Ereen City, China. She wants to use this loan to help support her in this very busy shopping season of the year.

Her business goal is to improve her business by buying her own indoor clothing store. This will be more comfortable than working outside everyday at Narantuul market.

Additional Information

About Transcapital

Transcapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.

About Mongolia

  • $5,900
    Average annual income
  • 4
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,247.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Uranbileg to purchase clothing for spring.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011