Enhtuya is a 38-year-old single woman who lives with her siblings in Selenge province in Northern Mongolia. She started her sewing business in 2004, which is right after she got her certification in sewing. She sews a variety of garments. Her sewing skills are well-known around the neighborhood. She has a few contracted customers and she sews their uniforms. However, since she started the business, she never got a chance to renew her equipment or maintain her house. She is a sharp and hardworking woman who is planning to expand her business in the future. She's requesting 1,000,000 MNT to renew her equipment and maintain her house.
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.