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Dulamsuren
Dulamsuren is 33 years old and lives with her husband and three children in a ger (Mongolian yurt) in Bayanhongor province, Mongolia. Her husband is a security guard. Her elder two children are school students and the younger one goes to kindergarten. Dulamsuren started her embroidered products retail business in 2008 by renting a counter in a market. Now that her business is stable enough, she wants to expand it by renting another counter. However, she doesn't have enough supplies to support having another counter. Therefore, she's requesting 1,000,000 MNT to buy more supplies.

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

  • $2,175
    Average annual income
  • 17
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,290.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Dulamsuren to buy more supplies for her embroidered products retail business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012