Check out some available loans that are similar to this one!
Dugar is a 58 year old widower who lives with his daughter and son in a small house which is located in a outer ger district, without basic infrastructure, of Ulaanbaatar city, Mongolia. His son attends Mongolian University of Science and Technology.

He has supported his family by operating a grocery store business for 6 years. The big advantage of his business is his small store is the only store in that that area, so he has many customers. He has about a 4.5 million Mongolian Tugriks (MNT) in working capital.

During the holiday he wants to increase his working capital and wants to attract more customers as well. Thus Dugar is requesting a 3,000,000 MNT loan to purchase grocery products to sell. Also he is a very trusted client of Transcapital CoLtd.,

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
  • 1,370.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Dugar to buy some grocery products to sell during the holiday.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 1, 2011
Jan 1, 2012
Currency Exchange Loss:
Nov 15, 2012