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Ganzaya, 29 years old, lives with her husband and children in Darkhan, the second largest city of Mongolia. The family resides in apartment.

Her husband has been working as an internal auditor for many years and has accumulated a vast amount of experience. She has been selling religious items such as juniper, charms and birth stones to local people at a trade center.

She is requesting a loan of 7,000,000 MNT to purchase an automobile that runs on natural gas. A natural gas vehicle has cleaner emissions and less fuel wastage compared with other engines. The borrower will use this automobile for goods transportation and it will save time and increase efficiency.

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
  • 1,427.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,925 helped Ganzaya to purchase a natural gas vehicle to transport her goods to market.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 6, 2013
Jun 12, 2013
Currency Exchange Loss:
Jul 21, 2015