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Mrs. Dariimaa is 43 years old and lives with her husband, son and daughter in their own house in Bayanzurh district of Ulaanbaatar, Mongolia. Her husband works at private company as a driver. Her son, Buyandelger, aged 12, and her daughter, Monhtuya, aged 16, are secondary school students. She has been working at a private oil company as a cashier for the last 6 years. She is planning to purchase an Eco-friendly car to let her husband start a taxi service business for a living.

Mrs. Dariimaa needs 4,600,000 MNT to purchase an Eco-friendly gas and electric car for her husband to start up a taxi service business. She is a diligent and communicative person.

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
  • 1,392.7
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,325 helped Dariimaa to purchase an Eco-friendly gas and electric car for her husband's new taxi service business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 7, 2012
Nov 23, 2012
Currency Exchange Loss:
Dec 17, 2014