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Altantulkhuur is 27 years old. She is a beautician in a salon. She lives with her son and husband in her father’s house, which is located in the slum district of Ulaanbaatar. Her husband runs an inter-city passenger transportation service. He has a lot of regular customers and they say that he is a good driver.

Lately, his car has become more broken down and it's dangerous to serve the customers. Therefore, he needs to change its spare parts and some sections. It will be good for his business earnings if he can make the repairs before this winter. The loan Altantulkhuur is requesting will be used to purchase some new spare parts so her husband can make repairs to his car.

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
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,275.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Altantulkhuur buy parts to repair her husband's car.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Oct 13, 2011
Oct 25, 2011
Currency Exchange Loss:
Apr 25, 2012