Check out some available loans that are similar to this one!
Dorjsuren S. is 52 years old and a widow who lives with three children in Ulaanbaatar, the capital city of Mongolia. She and her children live together in a ger, a traditional Mongolian housing tent owned by her daughter-in-law and surrounded by a fence. Her oldest son is in bad health and so stays at home. Her youngest son attends a university for defense force while her daughter has recently graduated from her university and is employed as a designer for a private company.

Dorjsuren operates a clothing business in a rented workplace next to a silk market where she makes a variety of clothing. She started her clothing business in 2007 and because the clothing has been so popular, she has been able to hire an assistant. Her business is in a popular spot that attracts many customers. She is a very responsible and hardworking person and says, " All I want is to help complete my son's education." Dorjsuren is requesting a 1,200,000 MNT loan to enlarge her home's fence and to pay her son's tuition fees.

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
  • 1,317.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Dorjsuren to pay her son's tuition fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 5, 2010
Sep 13, 2010
Currency Exchange Loss:
Oct 25, 2011