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Unenbat
Borrower Unenbat is a 29 year-old glazier who lives in the outer ger district of the city. Currently, he lives with a young lady with whom he has a relationship. As an young man he is very hardworking guy. He is planning to build a house for his younger brother who is planning to marry.

Therefore, he is requesting a 2.000.000 MNT loan in order to build the fundamentals of a house for his younger brother. He said: "I'm a brother of my younger brother, so I have to help and support him when he needs my help, therefore I'm really happy for my brother for his marriage".

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

  • $2,175
    Average annual income
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,310,900
    Funds lent in using Kiva
  • 1,415.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,425 helped Unenbat to build the fundamentals of a house for his younger brother.
89% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014