Doljmaa is 58 years old and lives with her two kids in a ger (Mongolian yurt) in Hovd province, Mongolia. Her elder son is employed and the younger one is a college student. She was a nanny before she retired and started her sewing business in 2009. Her sewing skill is excellent and she is well known in her neighborhood. Therefore, she has many regular customers. She is a sharp and hardworking woman who says, "My business is finally picking up and I don't want to lose this opportunity ". She is requesting 600,000 MNT to buy fabric.
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.