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Dorjsuren is a 50 year old, widowed mother of two who lives in a ger (Mongolian yurt) in Ulaanbaatar city, Mongolia. Her elder son is disabled and the younger one is a student in school. She started her souvenir business in 2001 by renting a counter in the market. Due to the lack of money, her business hasn't expanded much. She is a sharp and hardworking woman who says, "It's been hard since my husband passed away. However, I will not give up". She is requesting 3,000,000 MNT to rent more additional counter in market and to buy supplies.

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
  • 1,375.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Dorjsuren to rent more additional counter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 12, 2011
Jan 3, 2012
Currency Exchange Loss:
Jan 15, 2013