Shiijav G. is 45 years old and lives with her husband and their only daughter in their own house in Hovd province, Mongolia.
Her husband is unemployed and her daughter goes to a local secondary school.
Shiijav operates a meat trading business in her town. She was a cook who quit her career in order to feed her family during a transition period. She has been managing her business for five years and is planning to continue in the future.
During her business operation she managed to stabilize her business and built a good relationship with both her customers and her partners. She possesses a good personality.
She is requesting a 2,800,000 MNT of loan to purchase more meat 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.