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Oyuntuya D. lives with her husband and three children in the Bayanzurh district of Ulaanbaatar, the capital city of Mongolia. The two oldest children are university students in the city and the youngest son goes to a local kindergarten.

Oyuntuya has a small business selling food. She rents a stall in the local food market and sells various food products, mostly half/un-processed poultry products. She started her business in 1993 with the help of her husband. She is an authorized seller of chicken products from Bohog Od, one of the largest poultry companies.

In the future, she would like to expand her business and make sure that she leaves a successful business for her children. She requests a loan to purchase more products from Bohog Od for her business.

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
  • 1,410.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,850 helped Oyuntuya to purchase poultry products from poultry companies for her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 20, 2009
Jun 5, 2009
Currency Exchange Loss:
Jun 24, 2011