Javzandulam is 35 years old and lives with her husband and two daughters in a house in the Uvurhangai province of Mongolia. Her two daughters, age 11 and 15, go to a local secondary school. She manages a mobile meat-trading business with the help of her husband in her town. She started her business in 2007 and has been able to stabilize her business. They collect meat and livestock from herders and sell them to city residents or to workers at the mining industry.
With years of business operation she gained much experience and is planning to expand her business in the future. In addition, she manages a grocery trading business in order to supplement to her earnings. She is a diligent and open-minded woman who says, "I want to have a car with my earnings." She is requesting a 3,000,000 MNT loan to purchase meat and livestock for her business.
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.