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Enkhtuya
Enkhtuya is a 44-year-old widow who lives with her 11-year-old son in an outer ger district of Ulaanbaatar city, Mongolia, without basic infrastructure. Though she is specialized as a pharmacist, she supports her family by operating a used shoe sale business at the largest outdoor market of Mongolia.

She has been operating her current business since 2001 and her income ranges from about 103,000 to 480,000 Mongolian Tugriks (MNT) in a day. In the winter season her business is popular with poor families, so she needs more products to sell. Thus, she is requesting a 3,000,000 MNT loan to purchase a variety of used shoes to sell for the upcoming traditional Mongolian holiday.

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
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,337,175
    Funds lent in using Kiva
  • 1,355.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,225 helped Enkhtuya to buy a variety of used shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012