Buyanhuu is 54 years old woman who lives with her two kids in Uvurhangai province in Central Mongolia. Her son is a college student and her daughter studies at the high school.
Buyanhuu has been trading sheep's guts to the city enterprises. She has made regular partners in the city and gets the supplies from the domestic herders. Her 9 years of experience make her the best in the field. As she spends too much on the transportation, she is planning to get the supplies in large quantities and send them to the city. Buaynhuu is a good- natured woman who says that "I would like to expand the business activities and save for my 2 kids college fees".
She is requesting a loan in the amount of 2,500,000 MNT to purchase sheep's guts in large quantities.
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.