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Ulziijargal is 41 years old and lives with her husband and 3 children in Ulaanbaatar, the capital city of Mongolia. She and her family live together in a wooden house. Her 20-year-old daughter Bolorchimeg attends a university. Her younger 2 children are attending a local secondary school.

She has been operating a retail business and vegetable trade business since 2006 with her husband. She has purchased a car and started building a new wooden house right next to her place by her earnings. After years of successful operation she has gained great business experience and has a loyal customer base.

Ulziijargal is very hardworking and hopes to continue her success in the future and says, I would like to provide my children with a good education and good morals. She is requesting a loan to purchase a heating system in her new house.

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
  • 1,287.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Ulziijargal purchase heating system for her new house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 27, 2010
Nov 1, 2010
Currency Exchange Loss:
Jun 15, 2012