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Bolormaa is a 37-year-old married woman who lives with her son, daughter and spouse. Both of her children attend high school. She supports her family by operating a jewelry selling business with support from her husband.
She started her business in 1998 when she rented a stall. She now she has about 4,000,000 MNT in working capital. She is requesting a 2,000,000 MNT loan to purchase more jewelry to sell since the spring is a popular season to sell jewelry.

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
  • 1,400.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Bolormaa to purchase more jewelry to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 11, 2013
Currency Exchange Loss:
Apr 2, 2014