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Mr. Bayartogtokh is a married man, who lives with his daughter and wife at Darkhan city. His daughter attends high school, while his wife works in a local water center.

Bayartogtokh supports his family by operating a transportation business, with a minivan. He runs for local transportation through Darkhan city for most of the year, and during the summer time he contracts with a tourist company and runs for tourists. Before this summer's contract he wants to make some renovation and repair to his minivan. Thus, he is requesting a 1,700,000 MNT loan, which he will use to change the wheels and the interior section of his minivan, in order to make it more comfortable for tourists.

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
  • 1,397.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Bayartogtokh to make some repair work for his minivan before tourist season.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 16, 2013
Apr 17, 2013
Currency Exchange Loss:
Jul 4, 2014