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Hubby received a gift from our daughter for him to pick out a person to give a micro loan to. He picked Ariunzaya in Darkhan, Mongolia.

Mrs. Ariunzaya is 32 years old and she lives with her husband and 2 children in Darkhan, the second largest city of Mongolia. They live in their own flat in the center of Darkhan.

Mrs. Ariunzaya is a teacher of Mathematics in the local secondary school. Her son attends a secondary school and her daughter goes to the local kindergarten. Her husband runs a taxi business, using his family car, carrying passengers between Darkhan and the capital city, which is 220 kilometers away. On average, he makes one trip per day to the capital city, occasionally two. Mrs. Ariunzaya’s father is a former taxi driver and he is unemployed at the moment. Mrs. Ariunzaya wants to buy an another car to use for the taxi business as well. Her father will act as a taxi driver to earn some extra income for the family. Mrs. Ariunzaya is going to use her family’s savings, but needs some money on top of it to buy a car with lower mileage.

The loan that Mrs. Ariunzaya is taking will be used to buy the second hand car and to use it for taxi business employing her father and to increase her family’s income.


Amber had given me a $25 gift certificate for a Kiva loan, for Mother’s Day.  I selected a loan from someone in Mongolia, and actually one of the areas that we visited during my visit to Amber, over 2 years ago.  I’m interested to see how this works out!  Here is the specific link to Buyanravjih.

Uvurhangai, Mongolia Food | Grocery Store

Kiva Loan in Mongolia

Buyanravjih Uvurhangai, Mongolia Food | Grocery Store

This loan has been fully funded!

A loan of $2,850 helped Buyanravjih to purchase more grocery products.
0% repaid

Repayment Term:
26 months (more info)
Repayment Schedule:
May 25, 2011
Jun 4, 2011
Currency Exchange Loss:
Buyanravjih is a 63-year-old widow who lives in a rented house in the province of Uvurhangai in Mongolia. All of her children have grown up and live separately. In 2000, Buyanravjih started a grocery trading business at a rented stall in the Zanabazar trading center and has gained much experience, managing to build a strong customer base and expand her operation. She has also developed long-term and transparent relationships with her partners and suppliers.

A hardworking and honest woman who is planning to continue her business in the future, Buyanravjih says, “I want to build savings with the earnings I make.” She is now requesting a 3,500,000 MNT loan to purchase more grocery products to increase her business sales.

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 the Country

Avg Annual Income:
Mongolia Tugriks (MNT)
Exchange Rate:
1,233.0000 MNT = 1 USD

107 lenders to this borrower

Here is a new post that concerns Amber’s Kiva activities.

And here are some interesting facts about the K14 group, that Amber is a part of from the Kiva organization….

❤ Gaileee

Mongolian Borrowers in the Dairy Industry: See PCVL/KIVA Amber Barger’s post #fb Kiva Stories from the field.  Gaileee

Here is a little snippit from Amber’s post.

There are several obstacles facing Mongolia’s dairy industry:1) Inadequate collection and treatment infrastructure causes 1/3 of milk to spoil on the way to a processing facility

2) Lack of technical expertise and access to capacity-building and trainings for dairy operators in urban and rural areas

3) Preference of new generation for imported, processed milk compared to domestically produced milk

4) Lack of trust by, usually urban, Mongolians in the quality of locally produced dairy goods

5) Insufficient in both quality and quantity of services for milk producers from breeders, veterinarians, and feed producers

6) A need for modern technology and equipment to make small-scale dairy producers more efficient and increase output

Amber looks forward to using her two years of experience as a Peace Corps Volunteer to assist me in my Kiva Fellowship. Please follow Amber over the next year as she tries to give you a look into Mongolian borrowers, culture and business practices, among other things.

Amber Barger in an rural area outside of Uvurkhangai Province, Mongolia

Click here for more on Amber’s blog post. (

In the June 2010 issue of the National Geographic, I found it cool that two Mongolian peeps were listed as 2010 Emerging Explorers.  Each year the National Geographic Emerging Explorers Program selects rising talents who push the boundaries of discovery, adventure, and global problem solving.  The 2010 class consists of amazing individuals who are innovators in their respective fields.  They are the new visionaries, and inspire people to care about the planet. Fourteen were recognized.

Who from Mongolia, or studying Mongolia?

Paleontologist Bolorstseg Minjin, unearths extraordinary dinosaur and mammal fossils from the Gobi desert while inspiring a new generation of native-born Mongolian paleontologists.


Bioarchaeologist Christine Lee analyzes ancient skeletal remains, bringing new understanding of China and Mongolia’s rich cultural diversity, past and present.

When Amber and I visited the National Museum in Ulaanbaater, there must have been over 70 different diverse types of peoples, that live now in Mongolia.  It was an awesome museum.

What? M19 – Mongolia set number 19 Peace Corps Volunteer, and now a KIVA 12, the 12th set to go out into the world. Here is the article introducing the K12’s!

23 July 2010
by Gabriel Francis, Kiva Fellows class 12, FUDECOSUR Costa Rica

Hello from beautiful San Francisco!

kiva fellows class 12

The KF12 class take a break from training to visit the Golden Gate bridge.

As member of the upcoming Kiva Fellows class 12 (KF12), I am excited but exhausted. Although Kiva Fellow class 11 is still in the field a new class is already preparing to follow in their steps. Last week myself and the 37 new Fellows of KF12 graduated from an intense week of training.

Over the week KF12 marched through crash course trainings in finance, social performance measurement, media training and more. Thankfully it wasn’t all borrowers and balance sheets. At nights we had a great time participating in events like the Kiva Social.

Our class includes investment bankers from Wells Fargo, technologists from Google, lawyers, Fullbright scholars, and Peace Corps volunteers in Mongolia. Each of us has set aside our jobs to volunteer in harsh conditions as diverse as the mountains of Moldova to the savanna plains of Sierra Leone. Keep an eye on the Fellows Bio page for the full roster which will be updated soon. In my case, I’m taking a sabbatical from Google to document entrepreneur stories in the cloud forests of southern Costa Rica, some of whom are accessible only by motorcycle and machete. By the end of our fellowship we will have a hands-on experience of micro-finance unparalleled in the world.

Please join me in congratulating the upcoming Kiva Fellows class 12. We deploy in under a week! I can’t wait to read your stories.
Kiva Fellows Class 12, KF12

Introducing the Kiva Fellows Class 12 (KF12)

*Just as a side note, the people in the number one are deployed to South America and such, and the people in the number 2, are going to other countries, Mongolia, Africa, etc…

Mongolian Ger Photos on Flickr

G P-B. Mongolia Adventure

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