Delgertsog, 48, is a widow who lives with her son in a small house in Selenge Province, Mongolia. Her son Mongonshagai, 14, goes to a local secondary school. The borrower worked at road construction company for years but left her job because of her health condition. She has started her own business selling secondhand clothing sales at a rental counter in a local market last year. She is now requesting 1,500,000 MNT to purchase inventory for her business. She is a hardworking, strong and responsible woman who says "I only want my son to grow up to be highly educated and able to live on his own."
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.