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Amralt
Amralt, 36 years old, lives with her daughter and husband in the Suhbaatar district of Ulaanbaatar, the capital of Mongolia. She and her family live in their own house and enclosure.

Amralt operates a water trolley sales business. She began her business in 1998, selling the trolleys in the Narantuul market. Her husband helps her with the business and in taking care of their 1-year-old daughter at home. Her husband makes the water trolleys himself with iron. Amralt is a hardworking and friendly woman who says, " I'm very satisfied in my business." She is requesting 2,300,000 MNT to buy iron and rubber to make the water trolleys to increase her working capital.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,235.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Amralt to buy iron and rubber to produce trolleys.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013