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Nanjidmaa is 43 years old and lives with her husband and 4 children in a small house in Orhon province, Mongolia. Her husband Erdene-Ochir, age 48, helps with her organic dairy products business. Her sons are Tsend-Ayush, age 21, who studies at a specialty training school; and Tsendbazar, age 18, who studies at the national engineering school. Her daughters Tserenlham, age 15, and Tsendmaa, age 11, study at local schools.

Nanjidmaa has been running her organic dairy products sales business at a rental counter of the local market for 12 years. It is the only income source for the family and has barely covered their expenses over the years. She is now requesting 5,000,000 MNT to purchase large amounts of organic dairy products to sell to local customers. She is a hardworking and positive person who says: "Our children are growing and they will soon start working and making money for the family and it will be a big support for the family."

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
  • 1,376.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,650 helped Nanjidmaa to purchase large amounts of organic dairy products to sell to local customers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 26, 2013
Feb 25, 2013
Currency Exchange Loss:
Nov 17, 2014