Ninjbadgar is 43 years old and lives with her husband and two kids in a ger, a mongolian yurt, in the Bayanhongor province of Mongolia. Her husband helps with her business, her eldest son is a college student and the younger one goes to school.
Ninjbadgar started her business in 2003 by selling garments outdoors. Now, she rents a counter in a market. She has a good fashion sense. Now that winter is arriving, she wants to buy warm clothes to sell.
Ninjbadgar is a strong and diligent woman who says "I started this business from scratch. At first, I barely made a living out of it but now, I am feeding my family and paying my son's college tuition out of it". She is requesting 1,800,000 MNT to purchase more clothes to sell.
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.