Tseepil is thirty-seven years old and lives with her husband and daughter in a ger (Mongolian yurt) in Ulaanbaatar city, Mongolia. Her husband is a technologist in company and her daughter is a school student. She started her tailoring business in 2001. She started off with only one tailoring machine. Now she employs four people and has all the necessary equipment. She has a professional certificate in sewing. She has many regular customers and the quality of her work and her sense of fashion are excellent.
Now that her business is picking, up she needs to increase her supplies to work efficiently. She is a sharp and hardworking woman who says "it's very hard to work with limited supplies and I'm starting to lose my customers". She's requesting 1,000,000 MNT to buy more sewing materials.
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.