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Batsuh is 35 years old and lives with his wife and two daughters in Uvs province, Mongolia. They live in a ger, a Mongolian yurt, in his parents' backyard. He manages a vegetable-trading business with the help of his wife.

He started his business in 2007. Now he owns 2.5 hectares of land where he plants daily consumption vegetables including potatoes, carrots and cabbage, etc. He harvests 40-45 tons of vegetables every year. His wife is responsible for selling their vegetables.

He is planning to have their own plot of land, which will allow him to build a house for his family. He is a polite man who says, "I want to buy a cow for my parents, so they can drink milk every day."

He is requesting a 1,000,000 MNT loan to purchase a cow and some seeds for his business.

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
  • 1,247.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Batsuh to purchase a cow and some seeds.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 19, 2011
May 10, 2011
Currency Exchange Loss:
Dec 15, 2012