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Altantsetseg is a 28-year-old widow who operates a clothing stall at a local indoor market. She has rented a small stall and sells women's clothes and trousers. She imports her products from Ereen, a border city between China and Mongolia.

Altantsetseg is requesting a 1,800,000 MNT (Mongolian Tugriks) loan to purchase a variety of clothes for the upcoming season. August is a high shopping month in Mongolia, so she wants to increase her working capital.

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
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,340.0
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,350 helped Altantsetseg to purchase a variety clothes to sell for the upcoming season.
95% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 30, 2012
Aug 7, 2012
Currency Exchange Loss:
Nov 17, 2013