Shamer is 49 years old and lives with her husband and son in a 'ger' (Mongolian yurt) in Bayn-Ulgii province, Mongolia. Her husband is unemployed and her son is a school student. She started her garment retailing business in 2000 by renting a counter in a market. Her business is increasing steadily however her income is not quite enough to support her family since she's the only breadwinner, therefore, she has rented another counter. Now, her supplies are not enough to fill another whole counter. She is requesting 3,700,000 MNT to buy supplies. She is a sharp and hardworking woman who says, "My son will attend college next year, therefore I need to act aggressively to increase my income."
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.