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Dembereldorj, 46, runs a small computer game center in a rental house. Actually, his main job is as a driver and he provides passengers with intercity transportation. But he wanted to start a second business - a computer game center. He has been running his new business for half a year. At first, he started it with just three personal computers and now he owns six computers. He tries to expand his business day by day. Having more computers will give him the opportunity to increase his business earnings. His wife sometimes works instead of him in his game center when he runs his transportation business.

Now Dembereldorj is requesting a loan to purchase more computers for his computer game center to expand his business.

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
A loan of $2,275 helped Dembereldorj to purchase more computers for his computer game center to expand his business.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Mar 26, 2012
Apr 10, 2012
Currency Exchange Loss:
May 10, 2012