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Enkhchimegmaa, 32, is a very neat and hard-working woman. She is a seamstress and has been operating a tailoring business for four years in her home in Darkhan, the second largest city in Mongolia. Her husband runs a taxi using his old car and earns about 300USD in a month. Currently her business is the main income source of her family. In the past she has had many permanent customers and most of them say, “She makes the best clothes and always tries to do her best.” Now Enkhchimegmaa needs some funding support to buy knitting-cotton to increase her working capital.

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

  • $5,900
    Average annual income
  • 17
    View loans »
    Mongolia Loans Fundraising
  • $15,459,050
    Funds lent in using Kiva
  • 1,385.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Enkhchimegmaa to buy knitting-cotton to increase her working capital.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 10, 2012
Sep 22, 2012
Currency Exchange Loss:
Oct 17, 2014