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Enkhbold
Enkhbold, 42, is a watchman in a public organization. He lives with his two children and his wife in Kherlen town of Dornod, a province of Mongolia. He has been doing his job since 1996.

Actually, he is an agronomist but he has not been working in this occupation. But he wants to use it for his job and his life.

He has a plan to have his own vegetable garden and sell the produce to urban clients. He said that he is going to use his profession in his own business and grow natural produce. Therefore, he decided to implement his plan through purchasing land in the suburbs as a vegetable garden. It will improve his family income and their living conditions.

Therefore, Enkhbold is taking a loan to purchase land as a vegetable garden.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program,  which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

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
  • 1,254.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Enkhbold to purchase land for a vegetable garden.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012