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Khishigjargal, aged 31, has worked in a medical center as a janitress for the past six years. Her husband works as an adjuster in a furniture manufacturing company in Ulaanbaatar, the capital city of Mongolia. He operates a taxi every day after his job in order to earn extra income for his family. Their combined salaries do not meet their family's needs.

Khishigjargal lives with her husband and their two children in the ger district, an area of the city with no running water, minimal roads, erratic electricity and which includes the Mongolian traditional nomadic yurts, in Ulaanbaatar, the capital city of Mongolia. Last June, Khishigjargal's family moved in Ulaanbaatar and bought a small land plot and a house in which they are now living.

The new dwelling has so many things that should be repaired or renovated. Firstly, the house has heat loss through its inside walls, floor, ceiling, windows and door. So, Khishigjargal needs to install wall insulation with foam boards and cement, and replace the windows and door. Then she will repair her floor and ceiling. As she believes her home will be totally warm and comfortable after the repairs, she will not need to use coal to warm her home. Also Khishigjargal knows that it is important to reduce the harm to her family's health and through environmental pollution from the smoke. Her requested loan will be dedicated to covering the costs of building materials needed for her home repairs and wall insulation.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,335.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,875 helped Khishigjargal to buy building materials needed for her home repairs and wall insulation.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jul 24, 2012
Jul 29, 2012
Currency Exchange Loss:
Aug 17, 2015