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Gansukh
Mr. Gansukh, 44, is a taxi driver around the districts of Ulaanbaatar, the capital city of Mongolia. He lives with his wife and his 3 kids on the boundary side of the city. He has been running his business since 1999, but not earning enough to provide for all of his family expenses.

His family owns an old house which was built in the early 1990s. Since it was built, no repairs or renovations have been made to it. Lately his house has became very old and damaged in many places. Especially, all of the windows have broken in the last several years. Therefore, it loses the heat to the outside through the windows. Due to this, his home becomes very cold during the winter time.

Gansukh is taking a loan to purchase new windows to replace the old ones in his 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

  • $2,175
    Average annual income
  • 20
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,290.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Gansukh to purchase new windows to replace the old ones in his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012