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Mrs. Shugarkhuu, 53 years old, lives with her husband in Darkhan, the second largest city of Mongolia. The family resides in a house on a plot of land. She has been selling flour made of barley to local people since 2010.

She is requesting a loan of 7,000,000 MNT to purchase barleycorns and a filter. She grates the barleycorns and filters them and makes flour. Eating barley flour is beneficial to health, as it regulates blood sugar efficiently.

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 Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,588.4
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,425 helped Shugarkhuu to buy barleycorns and a filter for her barley flour business.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jul 31, 2013
Sep 2, 2013
Currency Exchange Loss: