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Enkhtuya
Mrs. Enkhtuya, 48, is a clothing seller and lives with her husband and daughter in Ulaanbaatar, the capital city of Mongolia. Her husband, Otgonbayar, was pensioned two years ago.

Enkhtuya sells clothes at the bazaar and brings in the clothing from abroad. Since her daughter became a student of college, she has started to face the difficulties of paying her daughter’s school fees and other expenses.

Therefore, she is requesting a loan to purchase a large numbers of casual clothes to increase her working capital and selling more clothes to her customers. It is beneficial to increase her earnings in the further.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $975 helped Enkhtuya to to purchase a large numbers of casual clothes and raise her income by increasing her working capital and selling more clothes to her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012