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Battsetseg
Battsetseg is 30 years old and lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. They live in a ger, a traditional Mongolian nomadic tent. Battsetseg is tailor who used to work for different clothes factories as a seemstress. In July 2010, she opened her own tailoring business. At the moment, she rents a small workroom and works alone. She started with one sewing machine. She is planning to extend her business by buying another sewing machine with more capability and employing someone else.

Her husband works as a taxi driver. Mrs.Battsetseg is a self-motivated, hard working woman who dreams of having better living conditions and a successful business. She wants to use the loan as a part payment to buy a $520USD sewing machine with more capability.

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
  • 21
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,230.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Battsetseg to pay for a sewing machine with more capability.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011