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Peljee is 55-year-old widow who lives with her three children in a house in Hovd province, Mongolia. She is a friendly woman with a good personality. Peljee manages a business selling household goods. She started the business in 1994 at a rented stall in a local market with the help of her daughter. Peljee has gained a lot of experience in her business.

Peljee requests a 3,000,000 MNT loan to purchase more inventory 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 $2,475 helped Peljee to purchase more inventory for her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 4, 2011
Jun 1, 2011
Currency Exchange Loss:
Sep 15, 2012