Mr. Enhjargal is now requesting a loan of 2,500,000 tugriks to pay his sibling's university tuition fees and dormitory expenses in the capital city. He is a hardworking and communicative man who says, "I am planning to change my car to an eco-friendly car as soon as I have saved enough money for it."
More information about this loan
This loan is part of XacBank's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to secondary and higher education.
About XacBankThis 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.
17View loans »
This loan has been fully funded!