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Orgildalai B. lives with his wife and two-year-old daughter in the Bayanzurh district of Ulaanbaatar, the capital city of Mongolia. His family lives in one bedroom of his cousin's three-bedroom apartment in the city. Since 2007, Orgildalai has operated a small printing shop where he mainly makes large advertising posters that are often displayed on the streets of Ulaanbaatar. His previous experience working for a large printing company has attracted some regular clients. The photo shows Orgildalai with the metal rods he uses to create large advertisement posters.

His chief financial goal is to buy his own house so that his family does not need to live in a tiny bedroom in someone else’s apartment. He requests a loan to purchase ink and paper for his printing business.

Additional Information

About XacBank

This 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.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,415.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Orgildalai to buy ink and paper for his business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 9, 2009
Jun 18, 2009
Currency Exchange Loss:
Aug 11, 2011