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Borrower Ichinkhorloo is a married 38-year-old woman who lives with her family in an outer ger district that lacks the basic infrastructure of the city. She works as a maid at a local high school. She has three girls who attend kindergarten, high school, and a higher education institute.

Ichinkhorloo is requesting a loan of 2,500,000 MNT (Mongolian Tugriks) to pay her eldest daughter's tuition fees, and to buy a PC and printer which are really needed for her daughter's studies.

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
  • 1,387.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Ichinkhorloo to pay her daughter's tuition fees and to buy a PC and printer for her daughter's studies.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 24, 2012
Jan 10, 2013
Currency Exchange Loss:
Aug 29, 2013