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Khishigjargal is 45 years old. She has three children and lives with her son and daughter in Mongolia. She is an astrologer, but from 2002 to 2005, she worked as a seller for a diamond and jewelry shop. She studied in secondary school from 1975 to 1985. Now she works as a astrologer at Gandan (the state monastery) of the city. Furthermore, she plans to operate a grocery store in her city beside her current work. She has much business experience, so she believes that she will have many customers. She is requesting a 3,000,000 MNT (Mongolian Tugriks) loan to use to operate a small grocery store.

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
  • 1,392.5
    Mongolia Tugriks (MNT) = $1 USD
A loan of $2,175 helped Khishigjargal to start to operate a grocery store.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 20, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012