Check out some available loans that are similar to this one!
Oyuntsetseg
Mrs. Oyuntsetseg, 23 years old, lives with her mother in Darkhan, the second largest city of Mongolia. Her father left her and her family a long time ago. Her mother has raised her all on her own. Her mother, with the help of Oyuntsetseg, succeeded in running the pharmacy for 14 years.
Currently her mother is working at a medical college and Oyuntsetseg herself is running the pharmacy. She is requesting a loan of 4,000,000 MNT (Mongolian Tugrik) to buy drugs, tablets and antibiotics in large amounts. By doing so, she can continue to run her business without worrying about inventory shortages.

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.

Tags

About Mongolia

  • $5,900
    Average annual income
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,398,050
    Funds lent in using Kiva
  • 1,827.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,200 helped Oyuntsetseg to buy drugs, tablets and antibiotics in order to continually run her pharmacy.
89% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2014
Listed
Aug 30, 2014
Currency Exchange Loss:
Possible