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Oyunbileg
Oyunbileg is 45 years old and lives with her husband and daughter, ages 12, in the outer ger district Ulaanbaatar, Mongolia, without the basic infrastructure of the city. Her daughter attends a local high school.

Oyunbileg supports her family by operating a recycling raw materials buying business. She has been in this business for eleven years. She buys recycling materials such as pots, bottles, brass, copper and sell them back to the factory. Her husband helps her in the business. Their long term goal is to own an apartment and make better living condition for their daughter and to improve their business and increase their working capital.

Today their working capital has decreased, so Oyunbileg needs capital in order to continue her own business. So she is requesting a 3,000,000 MNT (Mongolian Tugriks) loan to increase her working capital.

Additional Information

About Transcapital

Transcapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,317.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Oyunbileg increase her working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012