Fighting for a better future? We need your help.

Creating a more equitable world takes a lot of time and energy, but at Kiva we’re in it for the long haul. 100% of money lent on Kiva goes to funding loans. That means we rely on donations from people like you to make this work possible. For a limited time, if you donate $35 or more, a $25 bonus will be added to your account (you’ll get an email once it’s there).
Premal Shah, President & Co-Founder, Kiva
  • $25
  • $35
  • $50
  • Submit
  • Other

A loan of $650 helped to increase her working capital and sell more shoes to her customers.


Tsetsegmaa's story

Mrs. Tsetsegmaa, 61, is a widow and lives with her daughter in a ger (a traditional Mongolian nomadic tent) located in the slum district of Ulaanbaatar, the capital city of Mongolia.

Since 1998 she has been running a business selling second hand shoes which have been imported from developed countries, and she has gained a lot of experience from it. She is a construction cost planner by profession, but she could not keep her work place due to illness. Now she rents a stall at Kharkhorin, the most crowded outdoor market in Ulaanbaatar city. Her daughter is a student at College, and Tsetsegmaa has to pay her annual fees and provides her with basic daily expenses.

Tsetsegmaa buys her shoes from wholesalers who import them from abroad, and then cleans and fixes them and sells to customers. Since her daughter became a student she has started facing difficulties running her business due to lack of funds. Therefore she is requesting a loan to raise her income by increasing her working capital and selling more shoes to her customers.



Loan details


Lenders and lending teams



Loan details