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Enhbayar
Mrs.Enhbayar, 42, lives with her husband and 2 children in a house in the Selenge province of Mongolia. Her husband, Uuganbayar, 43, helps her run their driver training business and works as a teacher. Her daughter Enhjin, 5, and son Behbat, 10, attend school.

Enhbayar has provided driver training instruction since 2010. She was a teacher in a local driver training company. She is requesting a loan of 3,500,000 MNT to purchase an eco-friendly, automatic electric simulator for her car to reduce the vehicle's emissions rate. She is a hardworking, positive and responsible 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

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,392.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Enhbayar to repair the car used for her driver training business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013