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Ganbaatar is 23 years old, and a helpful and open-minded person. He lives with wife and two year old daughter in Darkhan, the second largest city of Mongolia. Ganbaatar has been working as plumber in General Department of Taxation. Before doing this job, he had worked as a security guard in local transportation company. His wife had work as a waitress in a café.

This summer Ganbaatar built a new house with his saved money. He used all their saved money and now he needs furniture for his home. He is asking for a loan to buy new furniture such as bedroom furniture and living room furniture. By doing this his family will live in a comfortable condition.

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
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,392.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Ganbaatar to buy furniture, such as bedroom furniture and living room furniture.
90% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Nov 2, 2012
Nov 25, 2012
Currency Exchange Loss:
Sep 17, 2014