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Batkhuu
Batkhuu is 42-year-old widow who lives with her son and daughter, ages 23 and 24, in Ulaanbaatar, the capital city of Mongolia. They live in a small house in the outer ger (traditional Mongolian tent) district. Batkhuu’s son is a web designer and her daughter works as a teacher at a local public school. Batkhuu supports her family by operating a retail clothing stall at Narantuul, the largest outdoor market in Mongolia.

When she first began her business in 2003, Batkhuu had 800,000 MNT in working capital. Today, her business has grown and she has about 2,000,000 MNT in working capital. Batkhuu sells jeans and trousers. She says “I want to grow my business with this loan and I would like to be able to buy my own apartment in future.” Batkhuu is requesting a loan of 1,000,000 MNT to increase the variety of jeans and trousers she sells.

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
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,224.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Batkhuu to purchase jeans and trousers to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
Apr 22, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011