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Tsetsegmaa
Tsetsegmaa is a 61-year-old widow who lives with her son aged 21 in a small apartment in a local district of Ulaanbaatar, Mongolia. Her son works as a chemist at a mining company.

She has been supporting her family by operating a clothing sale business since 1998 at the second largest outdoor market of Mongolia. Her business is very popular during all four seasons of the year.

Tsetsegmaa is requesting a 1,500,000 Mongolian Tugriks (MNT) loan to purchase more clothes to sell for the upcoming season. Also, she is a very trusted client of Transcapital Co Ltd.

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 $1,100 helped Tsetsegmaa to purchase clothes for the upcoming season.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012