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Mrs. Dolgormaa is 50 years old lives with her husband and four children in house in the Uvs province of Mongolia. Her husband, Davaahuu, works at a local company as a treasury clerk. Her daughter Enhsaihan, age 24, is a university student; sons Buyantogtoh and Altangerel, ages 18 and 17, and daughter Buyanravjih, age 12, go to a local secondary school.

The borrower has been growing organic fruit trees on their plot of land since 2008. She produces organic fruit juice, and sells to local customers.

She is now requesting 6,000,000MNT to plant organic vegetables and more fruit trees on their land. She is a hardworking and diligent 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
  • 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 $4,325 helped Dolgormaa to plant organic vegetables and more fruit trees on their land.
100% repaid
Repayment Term
37 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 17, 2013
Currency Exchange Loss:
Jan 17, 2015