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Enkhsaikhan
Enkhsaikhan B., 37, is taxi driver and he has been in this business for five years. He lives with his wife and three children in Ulaanbaatar, the capital city of Mongolia. They live in a ger, a traditional Mongolian nomadic tent. His youngest child is 8 months old and his wife is looking after the baby at the moment. They are planning to build a family house next year.

The taxi business is the only source of the family's living. Therefore, the condition of the family car, which he uses in his taxi business, is important to the family.

Enkhsaikhan is asking for a loan to buy some spare parts and to do proper auto service to his car.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,267.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Enkhsaikhan to buy some spare parts and to do proper auto service to his family car, which he uses in his taxi business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2011
Listed
May 6, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2012