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Batzaya is a 28 years old. She is married to Ochnyam and has one daughter. They live in a small house which is located in an outer ger district of Ulaanbaatar, the capital of Mongolia. In 2004, she graduated from Agricultural University of Mongolia, with a Bachelors degree of Agricultural Inspector.

Currently, she works as a store clerk in the largest local retail company while her daughter attends primary school. Batzaya’s husband works at Ulaanbaatar Power Plant. Both Batzaya and her husband are busy during business days. Therefore, Batzaya’s mother helps them by babysitting their daughter. The family house needs renovation, as it has become old.

Batzaya is requesting a 2,000,000 MNT (Mongolian Tugriks) loan to purchase necessary materials, such as a cement, bricks and wood, to renovate and insulate her small house. The temperature in winter can reach to below -30 C and consume almost 40 percent of household income on energy costs. Batzaya is a hardworking woman who hopes to make safe and comfortable living standards for her family.

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 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

  • $5,900
    Average annual income
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,231.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Batzaya to purchase necessary construction materials for renovation her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 10, 2011
Aug 22, 2011
Currency Exchange Loss:
Dec 15, 2011