Now that she has many regular customers, Tsetsgee is planning to expand her business in the future. A responsible woman who says, "I want to sell more goods in order to earn more during the summertime," she is requesting a 1,000,000 MNT loan to purchase more inventories from China.
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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