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Tseyenhorloo is 67 years old and lives with her husband and son in an apartment in Ulaanbaatar city, Mongolia. Her husband is a taxi driver and her son works in a mining company. She was a cook in a power plant for 20 years and when she retired, recently, she opened her own cafe in a rented workspace. She enjoys her job and her dishes are known as the tastiest and cheapest. She is a sharp and diligent woman who says: "It makes me happy when people enjoy my food". She is requesting 1,500,000 MNT to buy food supplies for her fresh start.

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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
  • $15,398,050
    Funds lent in using Kiva
  • 1,290.0
    Mongolia Tugriks (MNT) = $1 USD