Purevdulam is 44 years old and lives with her husband and son in her own apartment in Uvurhangai province, Mongolia. Her husband is a chauffeur and her son is a school student. She started her business in 1999 by renting a counter in market. Many new markets have opened in town therefore, she decided to build her own shop made with sandwich panels (a type of construction material). She has already planned where to build a shop, and it is located in a much more crowded place. She is requesting 3,000,000 MNT to buy sandwich panels. She is a sharp and hardworking woman who says, "My son will join college next year therefore, I need to act aggressive to increase my income."
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.