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Urandari is 27 years old, married, and has one child, who attends school. They live in a small house in Mongolia’s capital, Ulaanbaatar. Her husband is a taxi driver. Urandari’s mother, who lives with them, is retired.

Urandari supports her family by operating a retail stall at the local accessories shop. She sells clothes and accessories at a low price so demand for her products is high. She is planning to expand her business so that she can rehabilitate her own small house.

With this loan of 3,000,000 MNT, Urandari will purchase more clothes and accessories from Ereen City, China. She wants to use this loan to help support her in this very busy shopping season of the year.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,250.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Urandari to purchase more clothes and accessories to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 13, 2011
Jun 16, 2011
Currency Exchange Loss:
Dec 15, 2011