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Borrower Battungalag, a 23-year-old married mother of a one-year-old son, lives with her family in a small apartment in the city of Ulaanbaatar, Mongolia. Her father-in-law babysits her newborn son.

Although her education is in business administration and accounting, Battungalag supports her family by operating a clothing-sales business at the local indoor market. She usually sells bags, shoes, women's clothes and other goods purchased from Ereen, a border city between Mongolia and China that she travels to once a month. Her spouse operates a home cleaning business, but sometimes helps her.

Battungalag is requesting a 3.900.000 Mongolian Tugriks (MNT) loan to purchase a variety of clothes, shoes, and bags for the upcoming spring season, a time of strong shopping activity in Mongolia.

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
  • 1,320.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,975 helped Battungalag to purchase clothes for the upcoming season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 2, 2012
Mar 10, 2012
Currency Exchange Loss:
Apr 17, 2013