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Nasandelger
Nasandelger is a bachelor degree student who studies in public university to be a teacher of the Mongolian Russian language. She is very passionate to study. She is a hardworking and very organized student.

By getting this loan, Nasandelger is able to study in her final year. When she graduates, she will be able to work as a interpreter in private enterprises, especially in companies that get investments from Russia. This loan will help her to pay tuition fees.

Additional Information

More information about this loan

This loan is part of XacBank's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to secondary and higher education.

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
  • 1,669.4
    Mongolia Tugriks (MNT) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Nasandelger to pay for tuition fees.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2014