Mrs.Enhjargal is 25 years old and lives with her husband and a daughter in their Ger, a traditional nomadic yurt, in Uvs province, Mongolia. Her husband works in the local military service.
Enhjargal started her small retail store in 2013. She used to work as saleswoman for few years and has experience in running a clothing retail business. She has good taste and customers like buying from her. She is hardworking, friendly and pleasant woman who is now in need 2,500,000MNT to purchase clothes and other small retail items to continue running her business and generate more return.
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.