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Mr. Enkhbaatar, 42 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. The family resides in a house on a plot of land. Enkhbaatar has been rendering taxi services to local people since 2005. He has accumulated a vast amount of experience in picking up customers, shortening routes, and driving them quickly. His elder son works as an engineer, at a mining company.

Enkhbaatar is requesting a loan of 2,150,000 MNT. He will use it to purchase building materials to use to renovate his house, such as shingles, bricks and cement. After he completes this project, his family will live in a comfortable and warm place, without worrying about the upcoming harsh winter. Also, the renovated house will reduce the family's consumption of coal, contributing to Mongolia's efforts against air pollution. Coal burning is the main source for air pollution in Mongolia, according to a research department.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

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 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

  • $5,900
    Average annual income
  • 16
    View loans »
    Mongolia Loans Fundraising
  • $15,459,050
    Funds lent in using Kiva
  • 1,527.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Enkhbaatar to make his house warmer in winter, while reducing its contribution to air pollution by making it more energy-efficient.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 8, 2013
Aug 14, 2013
Currency Exchange Loss:
Aug 17, 2014