Check out some available loans that are similar to this one!
Tsedenjav
Mr. Tsedenjav, 46 years old, lives with his wife, two daughters and one son in Darkhan, second largest city in Mongolia. He has been working as builder since 1988 and has accumulated vast amount of experience in the construction field. His wife and older daughter both earn a living by providing taxi service to local people. He is requesting a loan for 3,000,000 MNT to buy furniture, including a sofa, closet and chest of drawers. His goal is to give his family a more comfortable place to live. He is very hardworking and strives to have 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.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,650.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,825 helped Tsedenjav to buy furniture.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015