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Mr.Batmonh is a 31-year-old single man who lives in ger in the Uvs province of Mongolia. He has lot of experience, starting when he was little, in the agriculture and organic vegetable/fruit growing business. His siblings all are operating similar businesses; they help each other and share equipment and machines.

He started his organic vegetable growing business in 2011. He also runs an inter-city transportation service business during the off-season.

He is now requesting 7,000,000MNT to purchase a plot of land and seeds to plant organic vegetables, and grow fruit trees for plantation season.

He is a hardworking, enthusiastic, and diligent man.

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
  • 1,423.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,925 helped Batmonh to purchase a plot of land and seeds to plant organic vegetables and grow fruit trees for plantation season.
95% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 29, 2013
May 17, 2013
Currency Exchange Loss: