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Enhtuya
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.

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
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,315.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Enhtuya to renew her equipment and maintain her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013