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Enkhsukh is a 22-year-old auto designer. He lives with his daughter and wife in a ger, a nomadic Mongolian traditional tent located in the Ger district of Mongolia, the capital city of Mongolia. Enkhsukh is very hardworking young man who is trying to build his life.

Recently, he decided to start a taxi business and expects his designer job to allow him to save more money to buy an apartment. He needs 2,000,000 MNT to buy a car for his taxi business.

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
  • 1,294.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Enkhsukh to buy his a car for his taxi business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 19, 2011
Oct 26, 2011
Currency Exchange Loss:
Jul 15, 2012