Enhzaya J. is 33 years old and lives with her husband and two sons, 7 and 11, in the Uvs province of Mongolia. They live in a ger, a Mongolian traditional nomadic housing tent.
Her husband works as a builder during summer and he works as a fireman and guard during other seasons. Her two sons both attend a secondary school.
She manages a grocery store near to her home. She started her business in 2010 and is planning to continue her business in the future. However, Enhzaya herself decided to work in a private retailing company beginning in June, 2011. So her mother will take charge of her business operation from then on.
Her business is quite profitable because of the good location, and customers are happy with the polite and honest service that she provides. She opens her store from March to November and shuts it down during winter times when the profit is much less compared with other seasons.
Enhzaya is a diligent and open-minded woman who says, "One can do anything if one lives healthy." She is requesting a 500,000 MNT loan to purchase more products in order to increase the varieties of her goods for sale.
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.