A loan of $1,200 helped to purchase construction materials to build a garage.


Jargalsaikhan's story

Mr. Jargalsaikhan, 32 years old, lives with his wife and three children in Ulaanbaatar, the capital of Mongolia. They live in a ger, a Mongolian traditional nomadic tent. In 2005, he started a taxi business using a car which he bought with a loan from KIVA. This is his fifth loan through Credit Mongol. He has gained a lot of experience over the years. Two of his children attend a local secondary school and the third goes to kindergarten. His wife operates a diner near by his home. Jargalsaikhan is a very busy person who says: "as a father I would like to be financially able to provide a good education and other necessary expenses for my children." He is requesting a 1.500.000 MNT loan to purchase construction materials to build a garage in his yard.



Loan details


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Loan details