A loan of $3,400 helped to pay his daughter's education fee and to purchase a large amount of inventory to sell at his rental stall.


Yakula's story

Mr. Yakula is a 52-year-old borrower from Bayan-Ulgii province, Mongolia. His wife is helping his business of clothing retail. His older children have graduated from school and now live independently. His youngest daughter is living with them and studying at the local secondary school.

Yakula is grateful to XacBank and Kiva for providing him the opportunity to grow his business, support his family and children's education. He is running his business normally and now requests a loan of 6,000,000MNT to pay his daughter's education fee and to purchase a large amount of inventory to sell at his rental stall. He is a hardworking and diligent man.



Loan details


Lenders and lending teams



Loan details