Check out some available loans that are similar to this one!
Amarjargal
Mrs. Amarjargal, 48, is a widow who lives with her two children. She has worked as a meat seller in a bazaar since 1995. At first, she started her business with a group of sellers, but she has been running her business individually since last year. Currently, her circulating assets are almost MNT 2,000,000. There is a necessity to make repairs to her house because it is becoming old and uncomfortable to live there.

She is requesting a loan of MNT 3,000,000 to make repairs to her house.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $2,175
    Average annual income
  • 20
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,249.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Amarjargal to make repairs to her house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Jul 27, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012