Enhtuya , 50, is married and lives with her husband and one daughter in Uvurhangai province, Mongolia. They live in a ger, a Mongolian nomadic housing tent, on a small plot of land that they have owned for the past eight years. They have a decent standard of living.
Enhtuya started selling food stuffs in 2000. At first she operated her grocery business in a small town with her husband. She came to the province center to sell coal and firewood in 2005. She takes orders from customers and delivers coal and firewood to their homes. She began making clothes and sewing handcraft items in addition to her business. Now her husband operates a transportation business using his mini-truck. Their children still help them, even though they have their own lives.
Enhtuya is a hardworking person who says, "my husband and I have been trying hard to help our children start their own lives and we still need to make money to support our life. We want to continue operating our business." She is requesting a loan of 1,800,000 MNT to purchase clothing that she can sell at the local market.
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.