Check out some available loans that are similar to this one!
Oyuntsetseg is 50 years old and lives with her husband and 3 kids in a ger (Mongolian yurt) in Selenge province, Mongolia. Her husband helps with her business. Two of the kids are employed and the youngest one is a college student. Oyuntsetseg started her consumer retailing business in 2000 by renting a counter in the market. She sells items such as towels, flashlights, hairpins, bandeaus and socks, etc.. She is well known by her quality products and low prices. Over the years, she gained many trusted suppliers and regular customers. She is a sharp and hardworking woman who says, "Now that my boy joined a college, I have to work even harder in order to support him." She's requesting 2,000,000 MNT to buy additional 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
  • 1,325.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Oyuntsetseg to buy additional supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 7, 2012
Feb 28, 2012
Currency Exchange Loss:
Sep 15, 2012