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Ms. Byambasuren is a 54-year-old widow who has one daughter. She lives with her daughter and two grandchildren in a ger, a traditional Mongolian felt tent, in an outer district of Ulaanbaatar, Mongolia. Her elder grandson attends a local secondary school.

She operated a used shoe stall business at the second largest outdoor market in the city. Now, with the help of her daughter, she operates a shoe sale business at a local indoor market. With this loan, she will increase her working capital in order to purchase more shoes to sell.

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
  • 1,387.7
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Byambasuren to increase her current assets in order to purchase more shoes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Dec 11, 2012
Jan 14, 2013
Currency Exchange Loss:
Dec 3, 2013