Nadmidsuren is 44 years old and lives with her husband and two kids in a ger (a Mongolian yurt) in Uvurhangai province, Mongolia. Her husband is a taxi driver and her two kids are college students.
She started her garment retailing business in 2003 by renting a counter in a market. Her business is stable and has many regular customers. Now that winter is approaching, she needs more warmer clothes to sell.
She is a strong and hardworking woman who says, "Now that my kids joined a college, it is hard to pay fees; however, my husband and I will do everything [we] can to support them."
She is requesting 1,200,000 Mongolian tugriks to buy winter clothes.
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.