Mrs. Batsuh is 59 years old and lives with her three daughters in an apartment in Bayangol district, Ulaanbaatar, Mongolia. Her oldest daughter, Batgerel, is 27 years old. She works for a private company. Her next oldest daughter, Enhbat, is 26 years old; she studies in Singapore. Her youngest daughter, Battsengel, is a college student, and 20 years old.
Mrs. Batsuh is a female head of a household. She contacted food trade and shoes trade businesses, Dornogovi province. She moved to Ulaanbaatar city with her family from Dornogovi province in 2009. In 2010, she started a shoes trade business on a rental counter. Her business is successful.
She is an open-minded and hardworking person. She needs 2,800,000 MNT to purchase more products to sell.
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.