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Ser-Od is 40 years old and lives with her husband and two kids in Hovd province of Mongolia.

In 2005, Ser-Od started a sewing business. She produces the Mongolian national clothes and socks, slippers, and underlining made from wool. Mostly she takes orders from people and makes clothes. Her mom helps her business.

Now she has many orders from customers for underlining because winter will come soon. She needs 1,000,000 MNT to purchase raw materials to make underlinings.

She is well-experienced in her own business. Her attitude is good.

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 $4,050 helped Ser-Od to purchase raw materials to make underlining.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 7, 2012
Currency Exchange Loss:
Dec 17, 2013