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Atartuya is 37-years old, single, and lives with her mother. She is a teacher at university and has been doing this job for 4 years. She is a very caring person that she still takes care of her mother. She and her mother live in a small house which needs repair. The furnace is also so old that it can’t warm the house fully. Since the winter is coming, she wants to buy new furnace which uses smokeless-fuel. She thinks that it is beneficial to her expenses and natural-orientation for the environment. The loan she is requesting will be used to buy a new furnace and to purchase some building materials to make a repair to her house.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

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
  • 1,262.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Atartuya to buy a new furnace and purchase some building materials to make a repair to her house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Sep 27, 2011
Oct 12, 2011
Currency Exchange Loss:
Jun 15, 2012