Enhtsetseg has been planning to operate a clothing trading business in addition to her grocery store business. She has been working hard to provide a better life for her son. She has a great business mind and is requesting a 3,000,000 MNT loan so she can operate a clothing trading business in addition to her current business.
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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