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Mrs. Enkhnasan, 47 years old, lives with her husband and son in Ulaanbaatar, the capital city of Mongolia. Her son is a student, and in his free time he helps his parents by running an automobile repair shop.

Enkhnasan and her husband have been running their own automobile repair shop for thirteen years, generating their only income. Before doing this business, she had been renting a food stall to local people, and at the same time she had been peddling. Her husband was a driver at a private business entity before shifting into working in the automobile repair shop. Her husband mainly does mechanical operations, while she does easier jobs such as painting, cleaning and reviewing the automobiles.

She is requesting a loan of 1,500,000 MNT to complete their unfinished automobile repair shop by installing a door and a roof. As a result, the family can run two automobile repair shops simultaneously, thus increasing their work productivity and generating more income. Enkhnasan is a hardworking and polite individual whose great charisma and communication skills have attracted quite a number of customers to her business. She has already accumulated a vast amount of experience in this service field.

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
  • 10
    View loans »
    Mongolia Loans Fundraising
  • $15,448,550
    Funds lent in using Kiva
  • 1,392.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Enkhnasan to install a door and a roof on their automobile repair shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Mar 14, 2013
Currency Exchange Loss:
Oct 17, 2014