Check out other loans that are currently fundraising!
Enkhbold
Mr. Enkhbold, 33 years old, lives with his wife and daughter in Ulaanbaatar, the capital city of Mongolia. The family resides in a Mongolian traditional ger (portable felt dwelling) on a plot of land.

Enkhbold and his daughter have been rendering transportation services since 2005, and have accumulated a vast amount of experience. The minivan he uses for business has deteriorated over the years and needs some serious repair. So, Enkhbold is requesting a loan of 1,000,000 MNT to purchase spare parts, such as engine valves, fuel filter and coil wire. As a result, he can continue his transportation service without worrying about breakdowns.

Enkhbold 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
  • 14
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,395.6
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Enkhbold to purchase spare parts, such as engine valves, fuel filter and coil wire.
91% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014