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Dolkhuu is a 22-year-old single young man who lives with his parents and sister in Dornod, a province of Mongolia. This province is located far from the capital city Ulaanbaatar. He works at an on-call taxi service company. With his honesty and hard work, he has many loyal customers and his earnings are increasing rapidly. Therefore, he is managing to save for his future. Currently he needs to change his car tires to winter ones as the winter is slippery. It is very important to his and his passengers' safety. Therefore, he is requesting to purchase 4 winter tires and some spare parts for his car. He said that he can successfully pay back the loan on time with his income.

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 Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,264.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Dolkhuu to purchase 4 winter tires and some spare parts for his car.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 26, 2011
Oct 7, 2011
Currency Exchange Loss:
Dec 15, 2011