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Sharavdulam is 35 years old and lives with her husband and 2 children in Ulaanbaatar, the capital city of Mongolia. She and her family live together in a small house which they own. Her daughters attend a kindergarten.

Sharavdulam operates a business selling second-hand products such as shoes at Narantuul market, the largest and most crowded market in the city. Sharavdulam started her business in 1998 and has had steady growth over the years, gaining great business experience. She has used her earnings to support her family and expand her business. Sharavdulam is very hardworking and hopes to continue her success in the future. In 2009, Sharavdulam and her husband purchased their own house, grocery store and car. She is requesting a loan to increase her working capital.

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
  • 1,371.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Sharavdulam to increase working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 29, 2010
May 3, 2010
Currency Exchange Loss:
Jan 15, 2011