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Enhtuya is 49 years old and lives with her husband in a ger, a Mongolian yurt, in Govi-Altai Province in Mongolia. Her children are all grown and live separately.

Enhtuya manages a meat and dairy product trading business with the help of her husband, a business she started in 1990. At that time her working capital was 150,000 MNT, and she sold only meat. In 2003 she began selling dairy products to supplement her earnings. She managed to improve her business and bought one more stall to increase her sales channels. She travels to the countryside of Mongolia to purchase animals for her business.

A friendly woman who says, "I want to buy a house for my younger son," Enhtuya is requesting a 2,500,000 MNT loan to purchase a large amount of meat for her 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
  • 1,215.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,075 helped Enhtuya to purchase an abundant amount of meat.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 9, 2011
May 19, 2011
Currency Exchange Loss:
Jun 20, 2012