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Oyunbaatar is 30 years old and lives with his wife and daughter. He is a guard at a local company and is very ambitious and hardworking.

The family previously lived in a ger, a traditional Mongolian felt tent, but nowadays it's very hard to live in a ger because in recent years it's gotten colder every winter. In winter it is so cold that it makes it really difficult because a ger loses heat very quickly. Thus Oyunbaatar recently moved into a small house, but it isn’t completely built yet. This loan will be used to purchase necessary materials to finish the house.

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
  • 1,340.0
    Mongolia Tugriks (MNT) = $1 USD
A loan of $1,875 helped Oyunbaatar to purchase necessary materials to finish building his small house.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 20, 2012
Aug 7, 2012
Currency Exchange Loss:
Sep 6, 2012