Dorjnamjil is 56 years old and lives with his wife and daughter in a house in Han-Uul district, Ulaanbaatar, capital city of Mongolia. They live with their two disabled relatives and take care of them. Dorjnamjil is a photographer who works at Suhbaatar square, is the central square of Ulaanbaatar city, Mongolia. It is scene of major state ceremonies, cultural events and exhibitions. Therefore many people gather at this square and like to be photographed to keep their precious memories. He started his business in 2001. In 2004 his wife, Altantsetseg, also began working as a photographer too. His daughter, age 25, helps with the family business by picking up the films in order to process them at a laboratory. They prefer to use advanced cameras in order to provide quality service for their customers. So they began using digital cameras to capture images electronically which allowed them to print their pictures in a minute. They also offered a very special service of taking one's picture with Mongolian traditional clothes on. They are planning to continue and expand their business in the future. Dorjnamjil is a hardworking man who says, "By depositing my business earnings I want to pay the education cost of my daughter." He is requesting a 2,500,000 MNT of loan to renew his camera and to purchase more photo papers.
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.