A loan of $400 helped to buy raw meat for re-sale.

Batsuh's story

Batsuh V. lives with her husband, two daughters and two sons in Tsetserleg city in Arkhangai province. One of the sons is a college student. All the other children work in the countryside. One of the children is unemployed and helps her mother’s business.

Batsuh's husband is a guard for the building of City Water Treatment Agency. In 2000, she started selling raw meat at the local market. In December 2001, she started taking loans from XacBank, Kiva's partner in Mongolia. The result has been very good and all the loans were paid back on time.

When she began the business, she only had a working capital of 50,000 tugrig (1 USD=1,5000 tugrig). Now it has increased to 600,000 tugrig. With the help of the loans, she has improved her family's living conditions and paid her son’s college tuition. She is entrepreneurial and good at what she does. In the future, she hopes to expand her business and help all her children to find jobs. In addition, she would like to have her own place to run the business. With this loan, she will buy raw meat for her business.

Loan details

Lenders and lending teams

Loan details