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Mr. Enebishdulam is 24 years old and lives with his wife in a 'ger' (traditional house) in Zavhan province of Mongolia. His wife Serchmaa, aged 21, is an assistant teacher at a local kindergarten. He has been working with his father since he was a little kid as a 'woodman'. His father was a 'woodman' and taught him all about Mongolian traditional 'ger' manufacturing. He married his wife this year and moved out of his parents' house.

Mr. Enebishdulam is now planning to operate a Traditional Mongolian Ger manufacturing for a living. He needs 1,000,000 MNT to purchase inventory and other necessary items for starting a new business. He is hardworking, optimistic and an enthusiastic person.

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

  • $5,900
    Average annual income
  • 5
    View loans »
    Mongolia Loans Fundraising
  • $15,401,550
    Funds lent in using Kiva
  • 1,397.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Enebishdulam to purchase inventory and other necessary items for starting a new business.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Oct 16, 2012
Nov 16, 2012
Currency Exchange Loss:
Apr 17, 2013