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Enkhjargal
Enkhjargal is 28 years old and divorced. She lives with her son in a ger, a nomadic Mongolian traditional tent, on her brother’s owned land. She sells shoes in the bazaar. She has been running this business for one year. She and her son used to live in her relative’s house before. She is a very hardworking and independent woman who is diligent about making her life better.

She is requesting a loan to cover the fee of renting one more bulk container to expand her business. It is very important to raise her earnings in the future.

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

  • $2,175
    Average annual income
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,307,900
    Funds lent in using Kiva
  • 1,282.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Enkhjargal to cover the fee of renting one more bulk container to expand her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 16, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012