Funded

Total loan: $1,175
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Nyamdavaa

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $1,175 helped to purchase more products for the upcoming season.


Nyamdavaa's story

Nyamdavaa is a 36-year-old married woman who lives with her daughter in Ulaanbaatar city, Mongolia. Her husband works in Korea. Her daughter attends a local high school. Nyamdavaa supports her family by operating a retail clothing stall in the largest outdoor market in Mongolia. When she first began her business in 2002, she had 2,000,000 Mongolian tugriks (MNT) in working capital. Today it’s increased and become 3,100,000 MNT in working capital.

This is the second time that Nyamdavaa has requested funding from Kiva and she is really thankful to all Kiva lenders for giving her an opportunity to increase her working capital. With this loan of 1,500,000 MNT, Nyamdavaa will purchase more products for the upcoming season.



Loan details

Loan length:

8 months
Disbursed date: October 8, 2011

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 8, 2011