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Mrs. Javzandulam is 56 years old. She lives with her husband and two children in a house in Orhon province, Mongolia. Her husband Bayantes, age 56, is retired and stays home. Her daughter Altanhurts, age 26, works at a local company. Her son Gantomor, age 23, is a junior student at university. She has been running her business selling organic dairy products in a local market since 2004. She has built close relationship with her customers and suppliers. She is now requesting 607,500 MNT to purchase organic dairy products from suppliers to sell to local customers. She is a hardworking, optimistic, and honest 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
  • 16
    View loans »
    Mongolia Loans Fundraising
  • $15,459,050
    Funds lent in using Kiva
  • 1,377.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Javzandulam to purchase organic dairy products.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Jan 2, 2013
Jan 31, 2013
Currency Exchange Loss:
Jan 17, 2014