Her husband Tumen demberel is also a driver. He drives a cab in the city. With their profit, Ulziijargal and her husband were able to upgrade their old cars. With this loan, she will buy spare parts to repair their car. Their next goal is to upgrade their house. In the picture, Ulziijargal is with her husband Tumendemberel.
About XacBankThis loan is being administered through XacBank, a Mongolian for-profit microfinance institution. XacBank is located in every province of Mongolia, reaching some of the most rural micro business clients. With this Kiva loan, there is an opportunity for the entrepreneur to get a savings account including 9% of the interest if they pay back the loan on time. This is a special savings account that XacBank has specifically prepared for the Kiva loan borrowers to promote savings habits.
2View loans »