A loan of $2,500 helped to pay her business rent for next six months.

Hongorzul's story

Hongorzul H. is 31 years old. She is married and is the mother of two daughters. Her family lives in a rental apartment in Ulaanbaatar, the capital city of Mongolia. Her eldest daughter, Anujin, is 7 and attends an elementary school. The youngest is only 9 months old.

In 2003, Hongorzul and her husband, Undrah, opened an internet center and a cafe near her home. To increase her business income, she moved her business to a location downtown and switched from a cafe to a pub. Her monthly income has increased as a result of the good location, although her rent is dramatically higher.

Hongorzul is a humble and hard-working person who wishes to have a big family with many children. She says "My family had been living with my parents for many years. Only in the last two years, has my family has been living on our own. I really want to have my own condominium. My husband and I are planning to take out a mortgage from XacBank (Kiva's partner microfinance institution). We are working hard to save for a down payment."

With this loan, Hongorzul will pay her business rent for next 6 months.

Loan details

Lenders and lending teams

Loan details