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Enkhtuya
Mrs. Enkhtuya, 40 years old, lives with her two children in Ulaanbaatar, the capital city of Mongolia. She recently began to work as an operator at a private firm. Before this job, she had run a photographic studio between 2008 and 2010.

She is requesting a loan of 1,000,000 MNT (Mongolian tugriks) to buy a sofa. The sofa will make the house more comfortable and give her more enthusiasm to work harder. The borrower is a very hardworking individual who strives for a better future.

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.

Tags

About Mongolia

  • $2,175
    Average annual income
  • 17
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,619.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Enkhtuya to buy a sofa.
98% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014