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Mrs. Javzandulam, 45 years old, lives with her husband and two children in a house in Bayanzurh district of Ulaanbaatar. Her husband`s name is Idersaikhan. Her son is college student, and her daughter helps with her business.

Since 1995, Mrs. Javzandulam has been working as a teacher in the kindergarten, and she was also doing a kindergarten business on the second floor of her house during the summer vacation of public kindergarten. She is well-experienced in this sector.

She is asking for 6,000,000 MNT to install a plumbing system and insulation for her kindergarten house. She is honest, and her family members are hardworking people. She says, ''I have to prepare my house for the children.''

Additional Information

More information about this loan

This loan is part of XacBank's green loan program, giving Mongolian farmers the support they need to grow and process organic fruits and vegetables despite harsh conditions and short growing seasons. These loans are used to obtain critical resources, like greenhouse space to shield crops from the cold, and training for traditionally nomadic entrepreneurs who lack agricultural experience. XacBank's green loan program also helps clients to improve their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

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
  • 1,365.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,400 helped Javzandulam to install a plumbing system and insulation for her kindergarten house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 16, 2012
Sep 4, 2012
Currency Exchange Loss:
Sep 17, 2013