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Tseepil is thirty-seven years old and lives with her husband and daughter in a ger (Mongolian yurt) in Ulaanbaatar city, Mongolia. Her husband is a technologist in company and her daughter is a school student. She started her tailoring business in 2001. She started off with only one tailoring machine. Now she employs four people and has all the necessary equipment. She has a professional certificate in sewing. She has many regular customers and the quality of her work and her sense of fashion are excellent.

Now that her business is picking, up she needs to increase her supplies to work efficiently. She is a sharp and hardworking woman who says "it's very hard to work with limited supplies and I'm starting to lose my customers". She's requesting 1,000,000 MNT to buy more sewing materials.

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
  • 1,305.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Tseepil to buy more sewing materials.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 13, 2012
May 10, 2012
Currency Exchange Loss:
Oct 17, 2013