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Enhtuul
Enhtuul, 24, is married and lives with her husband and two-year-old son in Suhbaater province, Mongolia. They live in a ger, a Mongolian nomadic housing tent, in her father-in-law's backyard. Her husband works as a public bus driver.

Enhtuul began preparing food at home to sell at a local market after she graduated from a vocational training course sponsored by the NGO, Mercy Corps. She hopes that she can operate the business successfully and make it her main source of income. Enhtuul is a modest person. She is requesting a loan of 500,000 MNT to purchase food and materials 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
  • 4
    View loans »
    Mongolia Loans Fundraising
  • $15,366,300
    Funds lent in using Kiva
  • 1,247.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Enhtuul to purchase food and materials for her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2011
Listed
Feb 19, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2011