Check out some available loans that are similar to this one!
Sengesuren
Mrs. Sengesuren, 26 years old, lives with her sister in Ulaanbaatar, the capital city of Mongolia. She has been working as a loan officer in the banking sector since 2009. Her sister recently began working as a nurse at a hospital. Sengesuren is requesting a loan of 3,000,000 MNT to buy an electric car. The advantage of an electric car is that it contributes to cleaner air in the cities because it produces no harmful pollution from the tailpipe coming from the onboard source of power, such as particulates (soot), volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen. The electric car will be used by her to provide taxi service during her day off.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program,  which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

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

  • $2,175
    Average annual income
  • 17
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,672.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,800 helped Sengesuren to buy an electric car.
85% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
Possible