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Baasakhuu is 39 years old, has two sons and lives with her family in Ulaanbaatar city, Mongolia.

She is a seller at a local food shop while her spouse works as repairer. During the summertime, she and her spouse are required to pay her elder son’s tuition fee, but unfortunately her father-in-law had medical problems, so she gave her money for her father-in-law’s treatment fees.

For this reason she couldn’t pay her son’s tuition fee, thus she requests a Kiva loan to pay her son’s fee.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,365.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Baasankhuu to pay her son's tuition fee.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 6, 2012
Currency Exchange Loss:
May 17, 2013