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Chuluunbaatar G. is 32 years old, married, and has two children, both of whom attend school. They live in Ulaanbaatar, the capital city of Mongolia. His wife works at a gas station as a petrol dispenser. Chuluunbaatar works at a leather and hide processing factory as a machine operator. He has been working there for 11 years. His family owns a small plot of land and a house. Chuluunbaatar likes gardening and farming. His garden has lots of fruit trees. He is planning to raise a pigs using some free space in his backyard. Currently he is building a barn for pigs. He is requesting a loan, which he will use to buy wood planks to complete the barn and to buy 10 piglets to raise.

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
  • 1,220.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Chuluunbaatar to purchase wood planks to complete a barn for pigs and to buy 10 piglets to raise.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 13, 2011
May 16, 2011
Currency Exchange Loss:
Oct 17, 2011