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Tsetsegmaa is a 50-year-old widow who lives with her 12-year-old son in the second capital city of Mongolia, called Darkhan city. She specialized as a sales assistant and cooker. Since 1995, she has been operating a stall business at stall market in Darkhan.

Now Tsetsegmaa has about MNT 11,000,000 in working capital and, mostly, she imports her shoes from China, once or twice a month. She is requesting a loan of MNT 4,000,000 to purchase more fashionable and seasonal shoes to sell in the upcoming season.

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
  • 1,428.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,825 helped Tsetsegmaa to purchase more shoes to sell for the upcoming season.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Apr 6, 2013
May 7, 2013
Currency Exchange Loss:
Jan 2, 2015