Check out some available loans that are similar to this one!
Mrs. Solongo, 37 years old, lives with her husband and three children in Kherlen, a town in easternmost Mongolia.

She has been selling children's clothes to local people at the bazaar for five months. Before this business, she used to sell ice cream for a living.

Her husband runs a taxi service, and their two elder children go to high school.

She is requesting a loan of 2,000,000 MNT to buy children's clothes in a large amount for a children's holiday so that she can sell her goods without worrying about an inventory shortage.

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,808.3
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,125 helped Solongo to buy children's clothes.
56% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 27, 2014
Jun 4, 2014
Currency Exchange Loss: