Rozbek is 31 years old and lives with his wife and three children in Hovd province, Mongolia. He and his family live together in a ger (the Mongolian nomadic tent). Rozbek is a very hardworking and optimistic person. Rozbek worked as a driver between 1998 and 2004 for the Altain zam company. In 2004 he purchased a car and began to provide transportation services independently.
During the spring Rozbek plants vegetables in Buyant district. Rozbek learned to plant vegetables from his parents at a very early age. He harvests his vegetables in the autumn, and uses them both to feed his family and to sell for a profit. Rozbek saves some of the vegetables in a warehouse to sell during the spring when they will command a higher price.
His wife, Mongolhan, has been operating a cafe at a local market for nine years and has built a loyal customer base. Rozbek's oldest two daughters attend local secondary schools. Rozbek's family and businesses are important to him. Rozbek says, “I have been planning to improve our house and yard for my family. In addition, I am planning to save money for my three children's education fees. ” He is requesting a 2,500,000 tugrug loan to purchase four tires and other necessary equipment for his car and to purchase new table and chairs for his wife's cafe.
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.