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Odhuu
Odhuu is 27 years old and lives with her husband and four children in a house in Orhon province of Mongolia. Her husband Bazargur is 27 years old and works in a local company. Her children Enhtulga, age five, and Enhsuvd, age three, go to a local kindergarten. She has been running her organic dairy products sales business in a local market since 2012. She has built a closer relationship with her customers and suppliers over the period and now she is requesting 6,000,000 MNT to purchase a large amount of organic dairy products from herders to sell to local customers. She is a hardworking, friendly and positive 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
  • 3
    View loans »
    Mongolia Loans Fundraising
  • $15,310,900
    Funds lent in using Kiva
  • 1,397.5
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $4,300 helped Odhuu to purchase a large amount of organic dairy products from herders and sell to local customers.
88% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2014