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Mrs. Dulamsuren, 32 years old, lives with her husband in Ulaanbaatar, the capital city of Mongolia, where she works as a human resource manager and legal advisor in a private business. Her husband is a master machinist in a depot.

They live in a ninth-floor apartment that has some serious deficiencies. Rain and melting snow constantly flow through their roof, forcing them to endure aquarium-like living conditions. Dulamsuren is therefore requesting a loan of 3000000 MNT to repair the roof and buy some materials to fix and insulate the walls. By doing so, their home will be a comfortable place to live.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

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
  • 1,397.6
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Dulamsuren to repair her home's roof and walls.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 13, 2012
Dec 5, 2012
Currency Exchange Loss:
Dec 17, 2014