Check out some available loans that are similar to this one!
Batdelger is 38 years old and lives with his wife in a ger, Mongolian yurt, in his older brother's backyard. They live in Songinohairhan district, Ulaanbaatar, capital city of Mongolia. His wife is a sales person who operates her own grocery store.

Batdelger manages a goldsmith business at a rented booth at a trading center called Duuhee. He started his business in 2009 and has been able to stabilize his business. Now he is one of the experienced businessmen who managed to build a strong customer base. He is planning to have his own workshop in the near future.

He is a polite man who says, "I am planning to save my earning in order to buy a plot of land where I can build a house for my family." He is requesting a 3,500,000 MNT loan to purchase a plot of land for his family use.

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
  • 1,262.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,775 helped Batdelger to purchase a plot of land.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jun 17, 2011
Jun 24, 2011
Currency Exchange Loss:
Mar 18, 2012