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Odhuu
Mrs Odhuu is 26 years old and lives with her husband and two children in a small house, in Orhon province. Her husband is 26 years old and he operates a construction business. She helped her mother in business between 2000 to 2009. Her mother sells organic dairy products. She started her own organic dairy trade business in 2009. She rents a place to sell organic dairy products in a market. She is requesting a 4,000,000 MNT loan to buy organic dairy reserves and then to sell them. This loan is her first request. She is a hardworking and friendly woman.

Additional Information

More information about this loan

This loan is part of XacBank's green loan program, giving Mongolian farmers the support they need to grow and process organic fruits and vegetables despite harsh conditions and short growing seasons. These loans are used to obtain critical resources, like greenhouse space to shield crops from the cold, and training for traditionally nomadic entrepreneurs who lack agricultural experience. XacBank's green loan program also helps clients to improve their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,395.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,875 helped Odhuu to buy organic dairy reserves and then sell them.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013