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Ganchimeg is a 29-year-old widow who lives with her son and parents in a small apartment in Ulaanbaatar, Mongolia. Although she specialized in accounting, she supports her family by operating an office clothing business at a local indoor market.

Her long term aim is to create a great and comfortable opportunity to study and live with her son, so she is requesting a 3,500,000 Mongolian Tugrik (MNT) loan to purchase more office clothes to sell.

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

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,305.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Ganchimeg to purchase office clothes to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 16, 2012
Apr 27, 2012
Currency Exchange Loss:
Apr 17, 2013