Amarsanaa began her taxi service in 2004 in her local town. It is a difficult business for a woman, but she works hard every day for her children’s future. Amarsanaa is requesting a 3,000,000 MNT loan to fix up her car which is used as her taxi.
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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