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Gunjilmaa is 43 years old. She is married and lives with her family in the outer ger district, an area without basic infrastructure, in Ulaanbaatar, Mongolia. Gunjilmaa’s family lives in a ger, a traditional Mongolian felt tent. Both of her daughters attend secondary school while her elder son works as a driver at local company.

For the past 10 years, Gunjilmaa has supported her family by operating a retail clothing stall at the largest outdoor market of Mongolia, with help from her husband. She usually sells women’s clothes which are imported from Ereen, a border city between Mongolia and China. Today, her working capital is 3,000,000 MNT.

Gunjilmaa is requesting a 2,000,000 MNT loan to purchase more clothing and increase the range of goods she offers. Gunjilmaa is a responsible client who has repaid previous loans. Her long-term aim is to build a new house.

Additional Information

About Transcapital

Transcapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,253.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Gunjilmaa to purchase clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 29, 2011
Sep 11, 2011
Currency Exchange Loss:
Mar 15, 2012