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Mr. Battur is 31 years old and lives with his wife and two children in Ulaanbaatar, capital city of Mongolia. He has been transporting goods between districts for two years. His wife is a cook and works at a hospital. Their son is a fifth grade student at high school and their daughter goes to kindergarten.

He is requesting a loan of 4,000,000 MNT to buy a plot of land and planks. Next year, he wants to plant vegetables on that land and as a protection against stray cattle, he wants to fence it using planks.

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
  • 10
    View loans »
    Mongolia Loans Fundraising
  • $15,448,550
    Funds lent in using Kiva
  • 1,602.5
    Mongolia Tugriks (MNT) = $1 USD
A loan of $2,500 helped Battur to purchase land and planks.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Aug 26, 2013
Oct 2, 2013
Currency Exchange Loss:
Nov 1, 2013