Check out other loans that are currently fundraising!
Khishigjargal is 31 years old, lives with his wife and one son in Ulaanbaatar, the capital city of Mongolia. They live together in a 'ger', the traditional Mongolian nomadic tent. His son Ochirbat, 5, attends a local kindergarten and his wife Munkhuul, 40, works at fast food cafe as a chef.

Khishigjargal has operated a taxi service in city since 2002 and has gained a lot of experience over the years. He was renting a taxi before and lately he purchased a second-hand car that he is using in his business. He enjoys transporting people and is very hard-working person. He has gained a lot of experience over the years and is a trusted driver for his many clients. He is planning to build a wooden house on his land and to give a proper education to his only son. He is requesting a loan to increase his working capital by buying some spare parts for his car.

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
  • 1,202.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Khishigjargal to purchase some spare parts for his taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 7, 2011
Apr 8, 2011
Currency Exchange Loss:
Sep 15, 2011