Mahbaridii is 46 years old and lives with her husband and three kids in a ger (Mongolian yurt) in Uvurhangai province, Mongolia. Her husband helps with her business, her elder two kids are college students and the younger one is a school student.
She started her transportation business in 2007 with her own truck. She transports goods to and from China. Now that Mongolia's biggest festival is approaching, she plans to import flour and rice by herself. She already found several potential buyers. She's lacking 1,200,000 MNT to buy rice and flour. She is a hardworking woman who says "Now that my children are in college, I have to work even harder to support them"
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.