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Tsetsgee, age 45, used to work in a supermarket as a salesperson. In 2008, she decided to rent a splace and open her own small grocery shop. Since then, she has been running her business successfully. She plans to build her own space for her shop as well as to increase her working capital and profit.

Tsetsgee is a positive person with good communication skills. This is her second time taking out a loan from Credit Mongol. She is requesting her new loan in order to expand her inventory and increase her current assets.

Tsetsgee lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. They live in a small wooden house on their own plot of land. Her husband works in Bridge Construction, a construction company. Their daughter Odonchimeg, age 19, attends university, and their son Dashnyam, age 15, goes to the local secondary school.

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
  • 11
    View loans »
    Mongolia Loans Fundraising
  • $15,437,650
    Funds lent in using Kiva
  • 1,187.9
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Tsetsgee to expand her inventory and increase her current assets.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Mar 31, 2011
Apr 2, 2011
Currency Exchange Loss:
Sep 15, 2011