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Solongojargal is 51 years old and lives alone in her own small house. She is a masseuse and has her own customers. Solongojargal is requesting a loan of 2,500,000 MNT to do some work on her house before the cold winter season. She is really thankful to all kind Kiva lenders who will give her an opportunity to live alone safely during the winter season.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,394.6
    Mongolia Tugriks (MNT) = $1 USD
A loan of $1,800 helped Solongojargal to do some work on her small house.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 20, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012