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Khorolsuren
Mrs. Khorolsuren, 44, works in the television company as a janitress. She has been doing her job for many years and lives with her children and her husband in a ger, the nomadic Mongolian traditional tent. A ger is a portable, bent wood-framed dwelling structure traditionally used by Mongolian nomads in the steppes of Central Asia. The structure comprises a crown or compression wheel usually steam bent, supported by roof ribs, which are bent down at the end where they meet the lattice wall. The structure is usually covered by layers of fabric and sheep-wool felt for insulation and weatherproofing.

Her ger cover has been become very old and bad for covering. During winter, her ger becomes very cold. It is harmful for the health of her family members. Therefore, she is requesting a loan to cover the cost of a new ger-cover from the market.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $2,175
    Average annual income
  • 9
    View loans »
    Mongolia Loans Fundraising
  • $15,345,375
    Funds lent in using Kiva
  • 1,370.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Khorolsuren to cover the cost of a new ger cover.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014