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Baatar
Mr. Baatar is 46-years-old and lives with his wife and three children in Ulaanbaatar, capital city of Mongolia. He has been rendering a taxi service to local people since 2011 and begins his service at 7 am and finishes at 9 pm. His wife is an officer of the state register authority. His eldest daughter studies at university while the youngest one goes to kindergarten. He is requesting a loan of 1,500,000 MNT to pay his daughter's tuition fees. He thinks investing in his daughter's education is the best thing he can do for her.

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.

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About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,630.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Baatar to pay tuition fees for his daughter.
96% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Oct 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015