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Yumjirdulam A., 39, lives with her husband and two sons in a traditional housing tent called a ger in Uvurhangai Province in Mongolia. Since 2001 she has been operating a meat-trading business, purchasing meat at wholesale prices. She has a rented stall in the biggest market of the province, while her husband provides transportation services with his own car.

An open-hearted and generous woman, Yumjirdulam says, “ I am trying my best to keep my business stable.” She is now requesting a 1,500,000 MNT loan to purchase meat and livestock at wholesale prices

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
  • 1,386.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Yumjirdulam to purchase meat and livestock to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 21, 2010
Jun 9, 2010
Currency Exchange Loss:
Feb 16, 2011