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Mrs. Uyanga is 37 years old and lives with her husband and daughter in an apartment in Ulaanbaatar City in Mongolia. Her husband works with her in her training course business. Her daughter Emujin, age nine, goes to primary school.

Uyanga just started her business as a training course provider in August, 2012. She provides training courses to local business people in how to manage small and micro businesses. She is planning to promote her business, spread her message to business people in other districts and expand her business coverage. She is now requesting loan of 4,100,000 MNT to purchase an eco-friendly, electric and gas consuming car for business use.

She is a friendly, welcoming, open-minded and responsible 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

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,392.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,950 helped Uyanga to purchase an eco-friendly, electric and gas consuming car for business use.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 28, 2012
Nov 27, 2012
Currency Exchange Loss:
Aug 17, 2013