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Purevsuren
T. Purevsuren is 52-year-old widowed businesswoman who lives with her child in Uvurkhangai province in central Mongolia. Her son attends secondary school.



Until 2000, Purevsuren worked as an assistant doctor until she decided to have her own business. She started selling cosmetics and medicine at the Arvaikheer central market. From that time, as result of her hard work and good customer service, her business has been steadily growing and expanding. She is requesting 2,000,000 tugrugs to purchase more supplies.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,360,225
    Funds lent in using Kiva
  • 1,412.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Purevsuren to purchase more pharmacy supplies.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2009
Listed
Sep 11, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010