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Ulziibat
Mr. Ulziibat, 29 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. He has been working as a salesman for a private company. Using his automobile, he drives around the city meeting with clients and persuading them to sell his company's products. His wife specialized in building decoration and now works on her own. He is requesting a loan of 2,500,000 MNT to purchase electric goods such as a vacuum cleaner, a television and a fridge. By doing so, he and his family can live in a comfortable place, which will give more enthusiasm to him. The borrower is very hardworking individual who strives for 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

  • $2,175
    Average annual income
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,310,900
    Funds lent in using Kiva
  • 1,437.5
    Mongolia Tugriks (MNT) = $1 USD
Expired
A loan of $1,750 helped Ulziibat to purchase electric goods.
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 3, 2013