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Mrs. Enkhtsetseg is 45 years old and lives with her sister and brother-in-law in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. She has been working as a doctor (a very low paid position in Mongolia) at a hospital for seven years and accumulated vast amounts of experience in the medical field. Her sister runs a pawnshop. The house they live in has deteriorating ceilings and walls which is very difficult in the extremely cold Winters with heat loss and fuel costs. So she is requesting a loan of 7,000,000 MNT to purchase building and insulation materials such as planks, cement, fiberglass and foam. Using those materials, she will repair and insulate her house. The renovated house will enable the family to burn less coal, emit less smoke and contribute to the efforts against reducing air pollution. She is very hardworking individual who strives for a better future.

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 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
  • 1,425.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,925 helped Enkhtsetseg to purchase planks, cement, fiberglass and foam.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 7, 2013
Jun 11, 2013
Currency Exchange Loss:
Jan 17, 2015