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Altansukh is 41 years old and lives with his wife and three children in their house in Ulaanbaatar, the capital city.

Altansukh is a Buddhist monk, and since 1991, he has been helping people who are in need of support in spiritual or psychological matters. His wife helps him and manages his back issues. His daughter studies at a university, and the other two attend a secondary school.

Altansukh has principles, and helping people is his main goal. He never charges anyone; that is strictly established. His family lives on endowment that people give.

Altansukh is asking a 2,000,000 MNT loan to pay for his daughter’s tuition.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,398,050
    Funds lent in using Kiva
  • 1,392.7
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Altansukh to pay for his daughter’s tuition.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 29, 2012
Currency Exchange Loss:
Jun 17, 2013