Her husband, Erdenebaatar, is 37 years old and a driver for the Badamlah Dul company. Two of her children attend local secondary schools. Her youngest child attends a local kindergarten. Tsetsenmaa is a great businesswoman who has been working hard to provide a better life for her family. She is a very hard-working person with a good personality. Tsetsenmaa is requesting a 2,600,000 tugrug (~1860 USD) loan to increase her business's working capital.
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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Success!! The loan was 100% repaid