Check out some available loans that are similar to this one!
Mrs. Enhtsetseg is 49 years old and lives with her husband and son in a ger in the Amgalan district of Ulaanbaatar, Mongolia. Her husband Dashdorj, age 54, helps his wife to run her organic fruit retail business. Her son works in Erlian, China as an assistant worker. She has been running her organic fruit sales business from a rental counter at the local market for eight years now. She has built close relationships with her suppliers and customers over the years.

Mrs. Enhtsetseg is now requesting 1,000,000 MNT to purchase a large amount of organic fruits to sell during the lunar new year season. She is a hardworking and smart lady.

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
  • 2
    View loans »
    Mongolia Loans Fundraising
  • $15,398,050
    Funds lent in using Kiva
  • 1,390.8
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Enhtsetseg to purchase organic fruits to sell.
93% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Jan 6, 2013
Feb 5, 2013
Currency Exchange Loss:
Nov 17, 2013