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Enhtuya is 42 years old and lives with her husband and three children in a ger (Mongolian yurt) in Dornogovi province, Mongolia. Her husband works at a construction site and her children are all college and school students. She started her mobile food selling business in 2002. She cooks the food by herself. Her food is delicious and she has many regular customers. Her food is famous in the market. Her market demand is increasing rapidly; therefore, she needs 1,500,000 MNT to upgrade her kitchen equipment. She is a sharp and hardworking woman who says, "My business is finally picking up. If I could do little better, I will be able to help with my daughter's college fee."

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
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,310.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Enhtuya to upgrade her kitchen equipment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 30, 2012
Jun 1, 2012
Currency Exchange Loss:
Sep 17, 2013