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Mrs. Enhmaa is 28 years old and lives in Zuunharaa soum of Selenge province of Mongolia. Her husband Mongonholog and herself are herders and produce organic dairy products to sell to retailers. Her 2 sons, ages under 4, stay at home in a Ger, a traditional nomadic tent.

Enhmaa and her husband started breeding livestock in 2009, and now own 19 cattle and 2 horses. She produces organic dairy products and supplies to local retailers.

She is planning to increase the number of cattle in order to increase milk production. She is now requesting loan of 2,000,000 MNT to purchase cattle to increase her production and sales. She and her husband are hardworking, neat, and helpful people.

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
  • 1,669.4
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Enhmaa to purchase cattle to increase her production and sales.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 22, 2013
Nov 1, 2013
Currency Exchange Loss:
Feb 3, 2015