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Mr. Munkhzorig, 38 years old, lives with his daughter and son in Ulaanbaatar, the capital city of Mongolia. He is acting chief executive officer of a small construction company which specializes in building roads and bridges. His daughter is a first year student at the university and his son goes to high school.

He is requesting a loan of 4,500,000 MNT to pay his daughter's tuition fee so that she will concentrate on her studies without worrying about her tuition fee. If his daughter graduates from the university successfully, it will be great help for the family. Mr. Munkhzorig is a hardworking individual who is a very caring father of his children.

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 Mongolia

  • $5,900
    Average annual income
  • 6
    View loans »
    Mongolia Loans Fundraising
  • $15,432,150
    Funds lent in using Kiva
  • 1,754.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Munkhzorig to pay his daughter's tuition fee.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Feb 21, 2014
Feb 25, 2014
Currency Exchange Loss:
Jul 21, 2015