Bathuleg is 36 years old and lives with her husband and two kids in a ger (mongolian yurt) in Bayanhongor province of Mongolia. Her husband works at the government agency and her kids go to school.
Bathuleg started her pharmacy business in 2006. Her pharmacy is known as the best quality in the neighborhood. She just finished her pharmacy extension. Now she is requesting 2,000,000 Mongolia Tughriks (MNT) to buy pharmaceuticals. She is a hard-working, diligent woman who says"I have a vision that someday I would turn my pharmacy to first class."
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.