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Borrower Mrs.Tumendemberel is a married woman who lives with her family in the outer ger district of the city. She works as a seller at a local indoor market while her husband runs a taxi business. "Tumee" has one son who attends primary school.

She is requesting a 3,000,000 MNT loan to purchase housing materials which will be used to continue the building of her half-finished house. The family lives in that half-finished house. She is a very hardworking person who is willing to create better living conditions and a comfortable life for her family.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,418.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Tumendemberel to continue the building of her half-finished house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 20, 2013
May 23, 2013
Currency Exchange Loss:
Jan 3, 2014