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Dorjpurev is 47 years old and lives with four other family members in Ulaanbaatar, capital of Mongolia. He worked as a tractor driver in a private company from 1981 to 1989. Since 2005, he has been working as a taxi driver and a building maintenance worker. His wife is retired and receives a pension.

Their home has been heavily damaged due to long-time usage so Dorjpurev is requesting a loan for 3,600,000 MNT, which he will use to buy maintenance materials and some furniture. Dorjpurev is a very-hard working person and he has a goal of improving his family’s living standard and financing his children’s education.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 16
    View loans »
    Mongolia Loans Fundraising
  • $15,459,050
    Funds lent in using Kiva
  • 1,397.6
    Mongolia Tugriks (MNT) = $1 USD
A loan of $2,600 helped Dorjpurev to purchase maintenance materials.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 13, 2012
Dec 5, 2012
Currency Exchange Loss:
Jan 4, 2013