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Delgermaa is a thirty-nine-year-old lady who lives with her family in an outer ger district without basic infrastructure in Ulaanbaatar city, Mongolia. For the past eight years, she has supported her family by operating a small grocery store business.

When she first began her business she had a working capital of 500,000 Mongolian Tugriks (MNT). Since then she improved her business and now she has a working capital of 1,700,000 MNT. Degermaa’s daily income is about 100,000-120,000 MNT. Furthermore she plans to enlarge her business activity.

Thus, Delgermaa is requesting a 1,600,000 MNT loan to purchase a variety of food products to sell and to increase her working capital.

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
  • 1,360.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Delgermaa to buy food products to sell and increase her working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 31, 2012
Jan 31, 2012
Currency Exchange Loss:
Dec 15, 2012