As her business became stable and profitable, she managed to open a grocery store in her town. Her two sons help with both of the family businesses. She is requesting a 3,000,000 MNT loan to purchase grocery items and metals for their businesses.
Ariunaa and her family are very hardworking people who have become well-known for their honest and excellent services. She says, "I am very thankful to Xacbank for providing me a loan necessary to opening my grocery store."
About XacBankThis 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.
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