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Yumjirlhan, 40, is married and lives with her husband and two daughters in Uvurhangai province in Mongolia. They live in a ger, a Mongolian nomadic housing tent, on a small plot of land that they have owned for past 10 years. Her husband operates a transportation service business, in which he uses his own car. Both her children attend a local secondary school.

Yumjirlhan started her meat trading business in 2001. She operates from a stall at a local market. She purchases meat or livestock from individuals who bring them to her city, then sells the meat at her stall at the market.

Yumjirlhan is a sociable person who says, "I am trying my best to make my business stable in order to create a constant source of income". She is requesting a loan of 1,000,000 MNT to purchase more meat to sell at her stall.

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
  • 1,243.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Yumjirlhan to purchase more meat to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 21, 2011
Jan 31, 2011
Currency Exchange Loss:
Feb 17, 2012