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Mrs. Dashdulam, 50, runs a motel in Ulaanbaatar, the capital city of Mongolia. She is a disabled widow and lives with her son. She has been running her business for seven years and tries to develop her business day by day. She is requesting a loan to increase her motel's working capital in order to purchase beds and other furniture. She will be able to increase her business capacity and receive many more bookings providing that she increases her working capital.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,320.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,975 helped Dashdulam to purchase furniture for her motel.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 10, 2012
Mar 12, 2012
Currency Exchange Loss:
Oct 15, 2012