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Baylagmaa, 38 years old, lives with her mother and son in Darkhan, the second largest city in Mongolia. She worked at a photographic studio from 2001 to 2010. During her employment period, she has held numerous positions such as assistant, photographer and studio manager. In 2010, she began to operate her own photography studio, which penetrated the market successfully and attracted quite numerous customers.

Baylagmaa is requesting a loan of 1500000 MNT to purchase brand new camera. Her previous camera has been deteriorating over three years so she wants to replace her old one with a new one. As a result, she can continue to render her photography service to local people and invest in her son's future university education. This borrower 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

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,400.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Baylagmaa buy a camera.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 5, 2013
Apr 8, 2013
Currency Exchange Loss:
May 17, 2014