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Dolgormaa
Dolgormaa is a married woman who lives with her mother, brothers and spouse in Ulaanbaatar, Mongolia. The family moved to the city in 2002 from the Uvs province of Mongolia. Since they arrived, they have been operating a dairy farming business located about 40 km from the city.

Dolgormaa is head of the farm and she delivers milk to the biggest milk producing company in Mongolia. As her business is expanding, she needs to make some renovations and improve the farm area.

Dolgormaa is requesting a 3,900,000 MNT (Mongolian Tugriks) loan to buy a block making machine so that her brothers can make blocks to renovate the old cow fence. It will be better for the cows and protect them from bad influences. Making the blocks with the block machine will be cheaper than purchasing blocks.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,310.0
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $3,000 helped Dolgormaa to improve the farm to make better living condition for her cows.
92% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 4, 2014