Check out other loans that are currently fundraising!
Ishdorj
Mr. Ishdorj is 30 years old and lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. Ishdorj runs a taxi business using his family car. His wife looks after the baby at the moment.

Ishdorj also runs a small farm with around 20 animals. His six cows are expected to give birth soon. Ishdorj milks the cows with his wife's help and sells fresh milk and dairy products to his neighbors. Ishdorj is very hard-working and enthusiastic person. Last year he dug a well for water on his land and planted vegetables. He was overwhelmed with the harvest and it gave him a big inspiration. Now he is planning to buy a 84 sq. meter greenhouse which consists of a metal frame and polyethylene film and grow vegetables such as tomatoes, cucumbers, lettuces and so on.

Ishdorj's family is very happy that now they will be able to use their own dairy products and vegetables all year around. The loan Mr.Ishdorj is requesting will be used to buy a greenhouse and vegetable seeds to grow vegetables for his family use.

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
  • 1,245.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,025 helped Ishdorj to buy a greenhouse and vegetable seeds and grow vegetables for family use.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2011
Listed
May 25, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013