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May
May started her interior design business in 2000. Since then, she has done all the major stores and luxury shops interior design in the province. She is well known for her skills. She does one job in a month. She is a sharp and hardworking woman who says, "I have many children and I will do everything I can in order to support my children."

May is 42 years old and lives with her husband and five kids in a ger (Mongolian yurt) in Bayan-Ulgii province of Mongolia. Her husband helps with her business. Her eldest daughter is a college student, and the other four children all attend a local school. She is requesting 3,000,000 tugriks to buy equipment and materials for her construction 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
  • 4
    View loans »
    Mongolia Loans Fundraising
  • $15,397,050
    Funds lent in using Kiva
  • 1,293.0
    Mongolia Tugriks (MNT) = $1 USD