Dolgor, 27, is married and lives with her husband and son in Uvurhangai province, Mongolia. Her husband is a taxi driver who conducts his taxi service business while her son attends secondary school. They live in a ger, a Mongolian traditional housing tent, in someone else's backyard.
Dolgor operates a clothing trading business in a rented booth in Huleg trading center, one of the busiest and most crowded markest in her area. After years of stable business operation she has been able to open one more booth at another trading center called Mon-Mandal. She is very hard-working lady who possesses good communication skills. She says, "I want to buy a place where I can build a winter shelter." She is requesting a 2,500,000 MNT loan to buy more clothes at wholesale prices and increase her inventory.
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.