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Mr. Bat-Ireedui, 44 years old, lives with his wife and two sons in Ulaanbaatar, the capital city of Mongolia. He has been working in security at a private business company. Before this job, he had worked at a military base and two years ago retired from work. His wife is an operator at the same military unit. His younger son also joined military training and will work in the military profession in the future. Mr. Bat-Ireedui has recently purchased land and wants to fence it. He is requesting a loan of 2,200,000 MNT to purchase planks for the fence. On his land he will breed his cattle and plant vegetables. The borrower is a very hardworking individual who strives for a better future.

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
  • 1,599.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Bat-Ireedui to purchase planks in order to fence his land.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 1, 2013
Sep 3, 2013
Currency Exchange Loss:
Sep 17, 2015