Mrs. Enhtugs is 44 years old and lives with her daughter in a small house in a ger district of Sukhbaatar district, Ulaanbaatar, Mongolia. Her older daughter, Javhlan, age 22, works in South Korea by contract worker. Her youngest daughter, Saruuljavhlan, age 20, studies at university. Mrs. Enhtugs has been providing tailoring services since 2009. She has taught her daughter sewing and tailoring. She has built strong relationships with her customers and already stabilized her business. She is requesting 1,200,000 MNT to purchase new Japanese sewing machine and inventory for her business in order to cover her daughter's university expenses. She is well-behaved and a responsible woman.
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.