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Mr. Enkhtaivan is a 56-year-old, married man. He lives with his wife and son in Darkhan, the second largest city of Mongolia. The family resides in their own house on a plot of land.

His wife works at a high school, where her main duty is to hang up clothes after receiving them from students. He has been working as a sentry at the same school where his wife works.

He is requesting a loan in the amount of 3,000,000 MNT to grow vegetables such as potatoes, carrots, and cabbage. Growing vegetables will help him feed his family without having to purchase much from outside their home. He explains that he is a very hard-working individual who usually grows vegetables in the spring and harvests the vegetables for sale in the autumn months.

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 Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,395.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Enkhtaivan to more easily and cheaply feed his family by growing vegetables (e.g., potatoes, carrots, and cabbage).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 17, 2013
Currency Exchange Loss:
May 17, 2014