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Baigalmaa, 49 years old, lives with her husband and two daughters in a small house in the Uvs province of Mongolia. Her husband Lodoisambuu works as an assistant at a local company, while her daughter Dulmasuren, age 24, helps her mother to run her organic fruit-growing and juice production business; Gantsetseg, age 11, attends a local school.

Baigalmaa, who has been growing organic fruit trees since 2005, produces organic fruit juice which she sells to local customers. Well-known among the customers, she is now requesting a loan of 5,000,000 MNT to purchase seeds and trees to produce more trees and increase her organic juice production.

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
  • 1,387.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,625 helped Baigalmaa to purchase seeds and trees to produce more trees and increase her organic juice production.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 17, 2013
Currency Exchange Loss:
Mar 15, 2013