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Batduger U. is 41 years old, married, and the father of three, aged 4 - 11. His family lives in a "ger" (nomadic housing tent) district on the plot of land he owns (residents own their land for free in Mongolia) in Uvurhangay, one of the Mongolian central provinces. Two of his children are attending a local elementary school and the youngest son is attending a local kindergarten.

Batduger is a professional welder. In 2006, he started running a small business making iron doors, fences and stoves. His spouse, Shinehuu, helps his business. Batduger requests a loan to purchase raw material and to build a work place on his land next to his ger. His says: "I really want to have a small house for my family’s needs. I'll keep working hard to have it." Thanks to his friendly and hardworking personality, he should succeed.

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
  • 1,420.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Batduger to purchase raw materials and to build a work place.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 29, 2009
Jun 25, 2009
Currency Exchange Loss:
Jun 24, 2011