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.
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.