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Enh-Undral
Enh-Undral G. is 23 years old and lives with her family in a ger, a traditional Mongolian nomadic tent, in the Bayanhongor province of Mongolia. Her family operates a grocery business in their own container in the town. Her father is a truck driver and operates a transportation business throughout the province.

Enh-Undral began her business in 2004 with the help of her mother and has become very established in the many years since. She plants vegetables in the summertime in order to supplement her business earnings and has become successful in that endeavor as well. Enh-Undral is very modest and dreams of having a profession. She would like to expand her business even further in the future by building a greenhouse and a storehouse and is requesting a 1,945,000 MNT loan in order to purchase more products and vegetables in bulk for her business.

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
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,375.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Enh-Undral to purchase more products and vegetables.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2012