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Purevdorj
Purevdorj, 25, works as a manager in a state organization. He is unmarried and currently he lives with his parents, who are pensioners. However, his father has been working as a driver since he retired for extra earnings for supporting his son. They own a house that was built many years ago in the ger district of Mongolian nomadic yurts in Ulaanbaatar, the capital city of Mongolia.

Recently, his father suffered a spinal cord injury when he fell while doing his job. He needs to have medical care and surgery as soon as possible. So his son, Purevdorj, wants to take a loan to cover the cost of his father’s medical expenses.

Additional Information

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
  • 20
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,355.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Purevdorj to cover the cost of his father’s medical expenses.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013