Check out some available loans that are similar to this one!
Battungalag
Battungalag, 54 years old, lives with her daughter and granddaughter in Darkhan, the second largest city of Mongolia. She and her daughter have been growing vegetables for domestic use and sale since 2009. They also raise livestock and sell dairy products for a living.

She is requesting a loan of 3,500,000 MNT to build a greenhouse on her land so that she can grow tomatoes and cucumbers during the cold season. As a result, she will be able to continue to grow vegetables even during winter and use the surplus vegetables for trade.

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.

Tags

About Mongolia

  • $5,900
    Average annual income
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,812.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,950 helped Battungalag to build a greenhouse.
17% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2014
Listed
Jun 22, 2014
Currency Exchange Loss:
Possible