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Burenjargal
Burenjargal is 37 years old and lives with her husband and three children in a ger (Mongolian yurt) in Dundgovi province, Mongolia. Her husband helps with her business, the elder two children are school students and the younger one is in kindergarten.

She started her sewing business in 2008. She sews traditional deel and homeware products. She is a certified professional tailor whose skill is excellent and well known around the neighborhood.

She is a sharp and hardworking woman who says "My business is finally picking up. Since my business is the only income in the family, I have to work even harder". She is requesting 1,500,000 MNT to buy sewing materials to make insulated tent blankets and traditional Mongolian cloths.

Additional Information

About XacBank

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.

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,308.0
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,150 helped Burenjargal to buy sewing materials to make insulated tent blankets and traditional Mongolian cloths.
93% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013