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Zeesee B. is 45 years old and lives with her husband and four children in their own ger (the traditional nomadic housing tent) in Hovd province, western Mongolia. Her husband is a gardener while her youngest daughter attends a local high school.

Zeesee began her business in 2005 with the help of her daughter and, since then, her business has been stable. With her business earnings she was enabled to rent a stall at a local market and increase the number and variety of her products.

Zeesee is requesting a 1,900,000 MNT loan to purchase a large number of plumbing parts to sell before the upcoming winter season.

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
  • 1,357.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Zeesee to purchase a large number of plumbing parts to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 22, 2010
Jul 29, 2010
Currency Exchange Loss:
Oct 19, 2011