Shijir is 35 years old and lives with his three children and wife in a ger (a Mongolian yurt) in Zavhan Province, Mongolia. His eldest daughter goes to high school, and his two sons go to kindergarden. His wife is currently unemployed and sometimes sells livestock. He started his business in 2007 by transporting goods and products between cities. Before, he used to drive a truck. He switched the truck for a minivan. He is a diligent and hardworking man who says, "I do my best to bring good service to my clients. I also want to provide a good education and good living conditions for my children." He is requesting a 2,000,000-Mongolian-tugrik (MNT) loan to purchase goats.
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.