Check out other loans that are currently fundraising!
Mrs. Javzanpagam, 24 years old, lives with her husband and her father in an old brick house on fenced land in Ulaanbaatar, capital city of Mongolia. She began working as CEO assistant at a financial institution in 2012 and eventually become a loan officer, increasing her salary amount and earning respect among her colleagues. Her father has retired from work and gets a state pension.

The house her family lives in has never been renovated since it was built., so she is requesting a loan of 7,700,000 MNT to buy building and insulation materials such as bricks, fiberglass and foam to renovate her house in preparation for the coming winter. After renovation, her family will live in a comfortable and warm place where less coal is burned for heating and fewer pollutants are released into the air. The borrower is a very hardworking young woman who cares very much her husband and father.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.


About Mongolia

  • $5,900
    Average annual income
  • 10
    View loans »
    Mongolia Loans Fundraising
  • $15,448,550
    Funds lent in using Kiva
  • 1,679.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,600 helped Javzanpagam to renovate her house.
54% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 10, 2013
Oct 17, 2013
Currency Exchange Loss: