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Enhtaivan
Mr. Enhtaivan is 52 years old and lives with his wife and three children in Ger in Niseh district of Ulaanbaatar, Mongolia. His wife Davaasuren, 48, works at a private cashmere company.

His two children, Zolbayar and Uyanga, ages 22 and 24 graduated from university and are now helping him build an energy efficient house for the family to use.

His youngest son Bayartsog, age 18, is a university student. He works at the Special Training School for Vision Impaired people as a felt production teacher.

Mr. Enhtaivan has started building an energy efficient house for his family to use and now he is requesting a 6'000'000MNT loan to finish building an energy efficient house for his family to use before the harsh and cold Mongolian winter comes.

He is an honest, responsible, and hardworking person who says, "I have to make my children be able to live by themselves for their future."

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,392.7
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $4,325 helped Enhtaivan to finish building an energy efficient house for his family to use before the harsh and cold Mongolian winter comes.
92% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013