Fellows Blog Posts by asb353

Apr 21, 2011 MN Mongolia

As you may know, since August 2009, XacBank has offered Kiva borrowers an incentive to pay their loan principal and interest back on time – an interest rebate in a savings account! If a Kiva borrower pays back on time, then XacBank deposits 9 percent of the interest the borrower has paid on their loan into a savings account. As a Kiva Fellow, I have worked with XacBank to update their policies regarding how Kiva borrowers are considered eligible for interest rebates and simplify how the MFI offers the savings accounts to new Kiva borrowers.

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Mar 27, 2011 MN Mongolia

Congratulations to Credit Mongol! This Kiva field partner in Mongolia recently achieved active status on the Kiva website.  As you may well know, Kiva partners with microfinance institutions (MFIs), like Credit Mongol, in countries across the globe, reaching hundreds of thousands of entrepreneurs. These partnerships are what make Kiva possible on a large scale.

Kiva Fellow and Credit Mongol Kiva staff

Until an MFI meets the requirements of an active partner, an...

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Feb 23, 2011 MN Mongolia

A borrower verification is a thorough check of ten random Kiva borrowers of a field partner.  It’s used to verify the accuracy of the information published on the borrower profiles on the Kiva website. A borrower verification happens several times throughout the course of a partnership in order to assess a microfinance institution’s performance levels. Read below about the ten borrowers I visited through a borrower verification with XacBank. Click through the picture to read the full loan update for each borrower.

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Feb 3, 2011 MN Mongolia

Happy Lunar New Year! Сар шинэдээ сайхан шинэлээрэй, as we say in Mongolian. Today, the countries and communities across the world who traditionally follow the lunar calendar are celebrating the first day of the New Year! Boy! – Microloan demands sure have been high lately. The need for loans center around traditional activities practiced for the Lunar New Year holiday.

Usually, the peak time for microloan requests and, in relation, the height of the business cycle, are related directly to the local lunar and seasonal calendars. In...

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Jan 23, 2011 MN Mongolia


A Kiva Coordinator is someone who organizes and manages the Kiva program at one of Kiva’s field partners. Watch the video to find out what a Kiva Coordinator does everyday, their favorite aspects of working with Kiva, and also the challenges of being a Kiva Coordinator. As a Roaming Fellow, I had the opportunity to interview three Mongolian field partners – XacBank, Credit Mongol, and Transcapital.

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Jan 20, 2011 MN Mongolia

The winter technically began on the winter solstice, the shortest day of the year – December 22. Although from October, families have been making fires to keep warm and temperatures have been well below freezing for some time. Now, we’re in the fourth set of nines in the Mongolian winter, the coldest set! I woke up this morning to -33 degree Fahrenheit temperatures in the capital city. In the countryside, it’s even colder! One of the coldest provinces, Uvs, is -41 degrees Fahrenheit today, without factoring in the wind chill. Here’s the breakdown of the 9 Nines:

  • The...
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Jan 4, 2011 MN Mongolia

By Amber Barger, KF13, Mongolia.

Recently, I was able to travel to the countryside and combine many of my Kiva Fellow duties into one trip. With XacBank, I traveled to Uvurkhangai and Bayankhongor Provinces together with the Kiva Coordinator. We interviewed Kiva entrepreneurs, attended trade fairs, trained loan officers, and participated in a very special certificate ceremony – all in four days!

Uvurkhangai Trade Fair

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Nov 29, 2010 MN Mongolia

By Amber Barger, KF13, Mongolia

November 26 is a national Mongolian holiday. November 26, 1924 was the day that Mongolia declared itself as an independent country with the adoption of its first constitution. The Mongolian People’s Republic (MPR), a communist state, under the rule of the Mongolian People’s Revolutionary Party (MPRP), lasted until 1990.

Although, November 26 is the day that Mongolia turned into an official communist country, it’s still celebrated today as the day Mongolia gained its independence once and for all. Mongolia had been under Chinese rule by...

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Nov 13, 2010 MN Mongolia

By Amber Barger, KF13, Mongolia

Mongolia is known for its vast amount of open space and beautiful scenery. The population density of Mongolia is just over 1 person per square kilometer. In this post, I’ll share photos from the most rural of businesses to the most urban.

The term “countryside” can be translated into “khuudoo” in Mongolian language. However, the meaning of the word is slightly different in English and Mongolian. The term khuudoo in Mongolian is relative to where you are from in the country...

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Nov 8, 2010 MN Mongolia

By Amber Barger, KF12, Mongolia.

Mongolia is a landlocked country spanning 1,564,116 sq km, slightly smaller than Alaska. It’s situated between Russia and China. The main forms of transportation available from international destinations are flights from Russia, China, Korea, and Japan and the train route from Russia and China. Domestic flights, the train route and transport by road are options within Mongolia.

Small business owners normally don’t have the money to fly to and from Ulaanbaatar, this luxury is usually only attainable for government officials, foreigners...

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