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Ulziimaa
Mrs. Ulziimaa is 39 years old and lives with her husband and three children in Ulaanbaatar, capital city of Mongolia. Her husband used to transport goods between cities with his own automobile but in January this year he began working as a driver at a university. Mrs Uliziimaa herself has been selling trousers at a trade center since 2009 and has accumulated a vast amount of experience. She brings her goods from the Chinese border city of Ereen. During this time of year, demand for trousers reaches its peak so she is requesting a loan of 3,000,000 Mongolian tugriks (MNT) to purchase trousers in large quantity from China. As a result, she will be able to continue to run her business without worrying about an inventory shortage. Mrs Uliziimaa is a very hardworking individual who strives for a better future.

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

  • $2,175
    Average annual income
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,310,900
    Funds lent in using Kiva
  • 1,399.6
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,150 helped Ulziimaa to purchase a large quantity of trousers.
89% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Mar 31, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014