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Shurentsetseg, 34 years old, lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. Her elder son studies at college and her younger son goes to high school.

She has been running a grocery store since 2008 and has accumulated a vast amount of experience in buying, marketing and selling food. Besides the grocery store, she also makes diary products and sells them to local vendors.

She is requesting a loan of 2,000,000 MNT to buy food from a China border city at a low price. As a result, she can continue to run her grocery store without worrying about inventory shortages. The borrower is a very hardworking individual who strives for a 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

  • $5,900
    Average annual income
  • 17
    View loans »
    Mongolia Loans Fundraising
  • $15,459,050
    Funds lent in using Kiva
  • 1,437.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Shurentsetseg to purchase food in large quantity.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 17, 2013
Jul 5, 2013
Currency Exchange Loss:
Aug 17, 2014