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Mrs. Delgertsetseg, 44 years old, lives with her two sons in Ulaanbaatar, the capital city of Mongolia. She has been running a cafeteria near a bus station since 2011. Her elder son just graduated from university and is currently seeking a job. Her younger son goes to high school. She is requesting a loan of 4,000,000 MNT to open another cafeteria near a train station. The loan will be used to purchase equipment and pay rent fees. By opening another cafeteria, her family income will increase. She is a very hardworking individual who cares deeply for her sons.

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 Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,683.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Delgertsetseg to open a second cafeteria.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 27, 2013
Nov 1, 2013
Currency Exchange Loss:
May 23, 2014