Since he obtained permission to drive a passenger bus in the city, he decided to pursue the passenger transportation business as he saw brighter opportunities in the transportation business in the city. His wife Hajidmaa also helps in his business; she is the conductor on the bus and makes sure that money does not get lost. Bathishig requests a loan to maintain his house and to buy new tires for the bus.
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.
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