Dulmaa, 59, is married and lives with her daughter in Govi-Altai province of Mongolia. She used to live with her two daughters, but her older daughter got married recently. Her brother grows vegetables at the farm which is 158 km far from the city center. She worked as a janitress at a Medical University for 31 years and began selling vegetables when she retired from her work in 1997. She sells vegetables at a rented stall. She began taking business loans from the bank in 2005. She sells the vegetables purchased from individuals in addition to her brother's crops. She bought a house with land in 2010 with the profit from her business. She is a hardworking and open-minded person who says, " I am trying to save some money to buy a car for my daughter." She is requesting a loan of 1,500,000 MNT to buy seeds and purchase potatoes 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.