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Sarantsetseg
Sarantsetseg is a 33-year-old woman who lives with her mother and three younger brothers in an outer ger district without basic infrastructure near Ulaanbaatar, Mongolia. Sarantsetseg's brothers attend local universities and high school.

Sarantsetseg has supported her family for the past six years by operating a beauty salon at the largest outdoor market. When she began her business, she rented one small room; she now rents two rooms and has 3 employees. Sarantsetseg usually offers tattoos, manicures and massages. She takes special care of her employees’ families; therefore, her workers like her and their work. Recently, customers have asked for a tattoo cleaner service. Therefore Sarantsetseg needs a laser machine which refreshes tattoos.

Sarantsetseg is requesting a 3,000,000 MNT loan to purchase a tattoo laser machine, which she really needs for her business.

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

  • $5,900
    Average annual income
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,315.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Sarantsetseg to buy a new tattoo laser machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 2, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012