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Mrs. Enkhtsetseg, 46, runs a grocery store selling basic food commodities. She lives with her three children and husband in her own house located in Choibalsan, a town in Dornod province. Her two daughters study at secondary school and the other is a college student. Her husband, Enkhbat, works as a watchman.
Enkhtsetseg is a very hard worker. Initially, her business started as a food kiosk in 2001. She then expanded it into a small grocery store in 2006. Now she has a plan to expand or renovate her store into a shop that sells a larger variety of food. This will be very beneficial to her family income and a good way to improve her business. Therefore she is requesting a loan to purchase building materials to rebuild her store.

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
  • 1,250.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Enkhtsetseg to purchase some building materials to rebuild her store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 12, 2011
Sep 21, 2011
Currency Exchange Loss:
Feb 15, 2012