Alimaa, 41, is married and lives with her husband and two daughters in Tuv province in Mongolia. They live in a ger, a Mongolian nomadic housing tent, in her father-in-law's backyard. Her two daughters attend the local secondary school.
Alimaa graduated from a vocational school as a seamstress in 1990. She worked for a clothing factory as a tailor and a supervisor between 1997 and 2007. Then she started her own sewing business in 2010 which she operates currently. Since she has enough experience in this field, she wants to expand her business and make high quality clothing. Alimaa is a modest person who wishes to have her own clothing factory in the future.
She is requesting a loan of 3,000,000 MNT to buy more sewing machines for her workshop.
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.