Enhsaya, 24, lives with her husband and two children in Dornogovi province, Southern Mongolia. Her husband is employed and her two children are in kindergarten. Enhsaya started a taxi service business in 2007 and she works for 8 hours from Monday to Friday. She is improving the household and increasing her income little by little. She has made regular customers in the town and now plans to develop her business activities by buying a truck. Enhsay is a young, experienced woman who says, "I would like to expand the business by purchasing a truck for the business. I am planning to deliver freights, cargo and construction materials with the truck." The total amount she is requesting is 1,000,000 MNT to buy a new truck.
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.