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Adiyadulam is 46 years old and lives with her husband and three children in small house in the Bayanhongor province of Mongolia. Her husband, Shagdarsuren, is 36 years old, drives a big truck and provides transportation services in town. Her older two children work at local companies and her youngest son, Yondonjamts, is 15 years old and studies at the local secondary school.

Adiyadulam has been working at the local market since 2001. She started her own business of second-hand shoes retail in 2011. She has built close relationships with her suppliers and local clients over the years. She is now requesting a loan of 3,200,000 MNT to purchase large amounts of used shoes to sell to local residents. She is a hardworking, responsible and modest woman.

Additional Information

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
  • 1,437.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,250 helped Adiyadulam to purchase large amounts of used shoes to sell to local residents.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 26, 2013
Currency Exchange Loss:
Oct 2, 2014