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Batsaikhan
Batsaikhan is 42 years old and lives with her husband and daughter in Ulaanbaatar, the capital city of Mongolia. Her family lives in a ger, a traditional Mongolian felt tent, in the outer districts of the city. Her daughter attends college.


Batsaikhan supports her family by operating a clothing retail stall at Narantuul, the largest outdoor market in Mongolia, with help from her husband.


When she first began his business, at Narantuul in 2000, she didn’t have a stall and she sold her handmade clothing at her friend's stall. In 2002, she expanded her business by beginning to rent her own stall. Today she has 2,000,000 Mongolian Tugriks (MNT) and sells clothes imported from Ereen, a city bordering on China, as well as her handmade clothes. She bought her land with 2 million MNT of her business profits in 2008. She is requesting a loan of 1,500,000 MNT to purchase more clothes for spring.


Her goal is to grow her business with this loan and be able to buy her own house.

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
  • $15,367,100
    Funds lent in using Kiva
  • 1,237.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Batsaikhan to purchase more clothes for spring.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011