Check out other loans that are currently fundraising!
Sarantsetseg is 33 years old and lives with her husband and two children in Darkhan, the second largest city of Mongolia. She has recently started work as an accountant at a private company which specializes in restoring damaged land. Her husband transports coal between districts. Their two sons are in the ninth and third grade classes at school.

The house her family lives in has been deteriorating over the years and it needs some repair. She is requesting a loan of 4,000,000 MNT to buy building materials such as bricks, cement, fiberglass and foam for house renovations. She hopes that her family will live in a comfortable and warm place where less coal is burned for heating, and then less pollutants are released into 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
  • 1,845.0
    Mongolia Tugriks (MNT) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,175 helped Sarantsetseg to buy building materials in order to renovate her house for energy efficiency and clean air.
21% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Jul 28, 2014
Aug 2, 2014
Currency Exchange Loss: