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Batzul
Batzul is 29 years old and lives with his wife and three children, ages 2 to 11, in Ulaanbaatar, the capital city of Mongolia. His family lives in a ger, a traditional Mongolian housing tent, in his workplace’s yard. His oldest son is 11 years old and goes to primary school, while his wife, Uyanga, stays at home with their younger two children.

Batzul worked as a woodworker at a local timber company from 2006 to 2010. He supports his family by operating his carpentry business. He started his business in 2010. Now he usually makes a ger (a Mongolian housing tent) to sell to a retailer. In the past year, he has established a continuous supply.

Batzul is an honest and hardworking person. He plans to make a big, carved ger and then he wants to exhibit this ger. He is applying for a loan of 3,000,000 MNT to purchase more wood to make a big and carved ger.

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
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,307,900
    Funds lent in using Kiva
  • 1,247.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Batzul to purchase more wood to make a big and carved ger (Mongolian tent).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011