Check out some available loans that are similar to this one!
Bat-Erdene, 25 years old, lives in a house on a plot of land in Ulaanbaatar, the capital city of Mongolia. He has been working as manager at a restaurant since 2008. He is requesting a loan of 6,000,000 MNT to buy building materials such as shingles, bricks, and planks for house renovation. During this period of time, prices of building materials have reached the bottom level so buying now will benefit him greatly. After renovation, he will also reduce coal consumption, thus contributing to the efforts against air pollution.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,710.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,525 helped Bat-Erdene to buy building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 24, 2014
Jan 29, 2014
Currency Exchange Loss:
Feb 17, 2015