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Enkhzaya
Borrower Mrs. Enkhzaya is a 31-year-old married woman. She lives with her family in an outer ger district which lacks the basic infrastructure of the city. She works as a social manager at a local NGO. Her husband runs public transportation with a small minivan.

Spring and summer are housing/construction work seasons, so Enkhzaya plans to perform some renovations on her current house. She really appreciates Kiva loans, thus she is requesting a 2,800,000 MNT loan to purchase necessary 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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,418.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,975 helped Enkhzaya to purchase housing materials.
86% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 2, 2015