Check out some available loans that are similar to this one!
Mrs. Altantsetseg, 43 years old, lives with her husband and four daughters in Kherlen, the easternmost town of Mongolia. She has been working at a sausage factory as an ingredient developer since 2011. Her husband also works as an assistant at the same factory as she works. Their two elder daughters study at university.

She is requesting a loan of 2,000,000 MNT to buy building materials, such as shingles, bricks, cement and fiberglass. Since 2012, she has been collecting leftover bricks from a construction site, and last year she began building her house. She is planning to complete her house before winter, and for this cause she is asking for a loan.

If she can move to her house before winter, her family will live in a comfortable and warm place, as well as save money on coal. Reduced coal means fewer pollutants in the air.

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
  • 1,804.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,125 helped Altantsetseg to buy building materials.
68% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
May 16, 2014
May 20, 2014
Currency Exchange Loss: