Check out some available loans that are similar to this one!
Unur
Unur, who is 38 years old, resides with her husband in Ulaanbaatar, the capital city of Mongolia, in a small house in the outer ger (a traditional Mongolian felt tent) districts. Unur supports her family by operating a clothing retail stall at Narantuul, the largest outdoor market in Mongolia, while her husband supports the family by planting cucumbers in his yard.



When Unur started her business in 2000, she had 1,000,000 Mongolian (MNT) in working capital. Today, her business has grown so that she now has 2,000,000 MNT in working capital. For the past 11 years, Unur has been selling jean trousers from Ereen, a Chinese border city, and the profits have helped sustain the family and improve their living conditions. For example, she and her husband were able to buy their own yard upon which they built their small house with their business earnings in 2010. Unur is now requesting a loan of 1,000,000 MNT to purchase more jean trousers.



Unur wants to expand her stall with this loan and then be able to build their own small pickled cucumber enterprise.

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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,214.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Unur to purchase more jean trousers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011