Mrs. Doljinsuren is 42 years old and the head of her household. She lives with her mother, sister's daughter and her sister in an apartment in the Dari-Eh district of Ulaanbaatar, Mongolia. Her mother requires constant care so her sister's daughter takes care of her. Doljinsuren managed a small grocery store for years and has now started her own small candy shop on the rental counter of a local market in November 2012. She is now requesting 1,000,000MNT to purchase a variety of candies for her new candy shop. She is hardworking, positive and diligent woman.
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.