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Tuvshinzorig, 33, is planning to buy a car that uses natural gas. He works as a construction field specialist in a construction company. He lives with his wife and his 3 children in a common apartment in Darkhan, the second largest city in Mongolia.

Tuvshinzorig will use this loan to purchase a car for his family and to run a taxi business when he has leisure time to make extra earnings. This kind of car is a little bit expensive in the Mongolian market, but he and his family totally believe that using the car with a natural gas engine is one of the best contributions to the natural environment to reduce pollution. Now he needs about 5,000,000 MNT to cover some of the cost of this car purchase. Let’s encourage his and his family's effort to help their environment!

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program,  which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

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

  • $2,175
    Average annual income
  • 21
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,334.5
    Mongolia Tugriks (MNT) = $1 USD
A loan of $3,750 helped Tuvshinzorig buy a natural gas car.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jun 27, 2012
Currency Exchange Loss:
Jul 27, 2012