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Enhtugs
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.

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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,389.9
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Enhtugs to purchase new Japanese sewing machine and inventory for her business.
94% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013