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Mrs. Enkhjargal, aged 52, works as a janitor in a retirement home which is located in Ulaanbaatar, the capital city of Mongolia. She has been doing this job for 6 years and during this time she has helped many elders. Enkhjargal is a widow and lives with her daughter in the slum district. Her house has become very old and uncomfortable, so it urgently needs some adjustments. The loan she is taking will be dedicated to purchasing some building materials that are needed to make adjustments to her house.

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
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Enkhjargal to purchase some building materials that are needed to make adjustments to her house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 26, 2011
Oct 31, 2011
Currency Exchange Loss:
May 17, 2013