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Jandan
Jandan, 29, is married and lives with her husband and only son in a house in Uvurhangai province, Mongolia. Her husband works in a public organization. Her son hasn't reached school age, so he stays home.

Jandan manages a clothing and hat business in her town. She started her business in 2000. Since then she has managed to stabilize her business and build a strong customer base. Now she sells all kinds of women's and men's wear for all ages. She plans to continue her business in the future.

Jandan is a hardworking and open-minded lady who says, "I want to have my own apartment in the future." She is requesting a 2,000,000 MNT loan to purchase more inventory for her business.

Additional Information

About XacBank

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.

About Mongolia

  • $5,900
    Average annual income
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,399,550
    Funds lent in using Kiva
  • 1,220.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Jandan to purchase more hats and clothing for her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 18, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012