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Borrower Ms. Davaatseren is married and 49 years old. She is an entrepreneur at the second largest outdoor market of Ulaanbaatar city, Mongolia. She lives with her husband and daughter in a small apartment. Her spouse is a driver at a local bus company, while their daughter works as a chemist at Oyu Tolgoi LLC.

Now it is the high shopping season, and Ms. Davaatseren wants to purchase a variety of shoes to sell.

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
  • 4
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,400.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Davaatseren to purchase shoes to sell for upcoming season.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 23, 2012
Dec 7, 2012
Currency Exchange Loss:
Sep 17, 2013