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Borrower Bayasgalan is a 33-year-old married woman who lives with her family in a district without basic infrastructure near Ulaanbaatar, Mongolia.

Bayasgalan supports her family, by operating a clothing retail stall business at largest outdoor market in Mongolia. She has been doing this for 7 years. She sells clothes which she imports from Ereen, a border city between Mongolia and China. She also sells clothing which she makes herself.

She is an ambitious lady who wants to expand her business as well, so she is requesting a 1,500,000 MNT (Mongolian Tugriks) loan to purchase more clothing for autumn.

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
  • 1,245.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Bayasgalan to buy more clothes to sell for this fall/autumn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 15, 2011
Sep 12, 2011
Currency Exchange Loss:
Sep 15, 2012