Chimedtsogzol is a sharp and hardworking woman who says, 'I'd love to extend my business based on my 12 years of experience in order to help my family financially."' The total amount she is requesting is 1,200,000 MNT to purchase dairy products such as milk, dried curds, curds, etc. from herders,
About XacBankThis 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.
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