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Tungalag
Ms.Tungalag is 43 years old. She is a married woman who has two daughters and lives with her family in an apartment. She supports her family by operating a bakery business at a local outer ger district area while her daughters both attend primary school. Her husband is a geologist at a private company.


Tungalag is requesting a 3,000,000 MNT (Mongolian Tugriks) loan to purchase more products to sell at her small bakery.

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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,387.6
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Tungalag to purchase bakery products such as cake, pie and others.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013