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Bayarmaa is a 31-year-old widow who lives with her mother and three daughters in the outer ger district of the city. She supports her family by operating an auto repair supply business at a local auto market. Her elder two daughters attend secondary school while her mother babysits for her youngest daughter.

She usually sells car air-cushions and other car supplies that she imports from Ereen, a border city between Mongolia and China. She is requesting a 3,000,000 MNT loan to purchase more air-cushions and other products to sell. She is a very hardworking and patient lady since she is a widow and the only person who has income in her family.

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 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
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,125 helped Bayarmaa to purchase more car supplies to sell.
81% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 23, 2013
Jun 1, 2013
Currency Exchange Loss: