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Dolgorsuren
Dolgorsuren is a 44-year-old woman, who lives with her two daughters in Uvurhangai province, Central Mongolia. Since her husband left, all the responsibility of taking care of her daughters rests with her. The daughters study at the secondary school.

She has been running a public announcement business at the local trade center. She started her business in 2001. The business is stable and she has also started selling some chancellery and computer services. Dolgorsuren is an educated, and diligent woman who says that "I would like to expand my business activities by purchasing the necessary equipment for the business".

The total amount she is requesting is 1,000,000 MNT to buy equipment for her computer service business.

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

  • $5,900
    Average annual income
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,364,275
    Funds lent in using Kiva
  • 1,305.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Dolgorsuren to buy equipment for her computer service business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012