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Mr. Battor is 43 years old and lives with his wife and two children in the Bayanhongor province of Mongolia. His wife Yanjmaa stays home taking care of the family while she tailors traditional and modern clothes for customers' orders. His children both study at local schools.

Battor has run his taxi service business in town since 2000 and has worked at a local auto repair company for years; he also purchased a second-hand truck to provide transportation service between the provincial center and Ulaanbaatar, the capital city. A well-experienced driver, Battor is requesting a loan of 2,300,000 MNT to purchase silk, cotton and other material for his wife to expand her tailoring business to increase family income.

Battor's family is hardworking, friendly and positive.

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
  • 1,427.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Battor to purchase silk, cotton and other material for his wife to expand her tailoring business.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
May 28, 2013
Jul 1, 2013
Currency Exchange Loss:
Jun 12, 2015