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Update on Enhbat

Enhbat is 31 years old and lives with his wife and two sons in a ger, a traditional nomadic yurt, in Dundgovi province, Mongolia. His wife, Otgontsetseg, works at a local shop as a saleswoman. His two sons attend a local kindergarten.

Enhbat started his bakery business in 2006. He has already established his good name with clients due to his tasty and healthy goods.

He is now requesting loan of 4,000,000 MNT to purchase labeling tools and materials to market his products and inventories to continue his business.

Enhbat is a hardworking and diligent man who takes care of his family.

Previous Loan Details

Enhbat is 29 years old and lives with his wife and two children in a ger (a Mongolian yurt) in Dundgovi province, Mongolia. His wife is employed and their two children are kindergarten students. He started his bakery business in 2006. Enhbat is a certified professional baker who is well-known... More from Enhbat's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Mongolia

  • $5,900
    Average annual income
  • 11
    View loans »
    Mongolia Loans Fundraising
  • $15,444,050
    Funds lent in using Kiva
  • 1,696.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,375 helped Enhbat to purchase labeling tools and materials to market his products and inventories to continue his business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 24, 2013
Jan 23, 2014
Currency Exchange Loss:
Feb 3, 2015
This photo was used before for a previous loan for Enhbat. It was first posted on Kiva on May, 2012. Learn More