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Altantsetseg
Altantsetseg is 44 years old and lives with her husband and 2 children in a small house in the Selenge province of Mongolia. Her husband, Bayarhuu, works in a local company. Her son, Temuujin, age 23, works with his father in the company and her younger son, Temuulen, age 13, goes to a local school.

Altantsetseg has been running her butcher shop in the rental counter of the local market since 1994. She is popular due to her qualified products in town. She is now requesting 1,500,000 MNT to purchase a large amount of meat products from herders to sell during holiday season. She is a hardworking, active and welcoming 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
  • 14
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,387.6
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Altantsetseg to purchase a large amount of meat products from herders to sell during the holiday season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013