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Byambadolgor, 32 years old, lives with her husband and two children in a ger in Zavhan province, Mongolia. Her husband, Zaya, age 32, works in security at a food market. Her son goes to secondary school and her daughter goes to kindergarten.

Byambadolgor started a livestock raw material retail business in 2010 with her sister. She is honest and her family members are hardworking people. Byambadolgor is asking for a loan of 1,000,000 MNT to increase the business' working capital by purchasing meat from the countryside.

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
  • 1,342.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Byambadolgor to purchase meat from the countryside.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 2, 2012
Aug 12, 2012
Currency Exchange Loss:
Apr 17, 2013