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Mr. Batkhuyag is a 42-year-old married man who has two sons and one daughter. He lives with his family in Darkhan, Mongolia. His two sons attend a local university while his daughter stays at home. He works as a doorman at a kindergarten and his wife works as a retailer.
With his family income he built a house in his yard and bought two cars and also he is paying his son’s tuition fees. This shows that he is very hardworking man. Currently he is preparing to renovate his old fence, so he is requesting a 3,000,000 MNT loan to purchase necessary breezeblocks and other construction materials.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 10
    View loans »
    Mongolia Loans Fundraising
  • $15,448,550
    Funds lent in using Kiva
  • 1,395.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Batkhuyag to buy construction materials to renovate his fence.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 16, 2013
Apr 17, 2013
Currency Exchange Loss:
Jan 3, 2014