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Mandakh
Borrower Mandakh is a 50-year-old woman who lives with her husband in a local ger district without basic infrastructure located in Ulaanbaatar, Mongolia. She has operated a shoe selling business but now she supports her family by operating a candy selling business at the second largest outdoor market in Mongolia.

She wants to increase her working capital and improve her business. She is requesting a 2.000.000 Mongolian Tugriks (MNT) loan to purchase more sweets to sell.

Furthermore, she wants to increase her business profit and make some changes in her current living conditions.

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
  • 14
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,375.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Mandakh to buy more sweets to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012