Tumentsogt

Tumentsogt

A loan of $2,825 helps to buy raw materials, especially goats.

Tumentsogt

Tumentsogt's story

Tumentsogt, a 54-year-old, responsible, family man, has been running a raw material trading business for seven years.

Together with his wife, he travels to rural areas to purchase animal skins and cashmere from herders, then he sells them to processors.

His business is located in his brother’s premises, but he dreams of having his own workplace and securing a stable supply chain.

The loan will be used to buy raw materials, especially goats and cashmere, in bulk at lower prices, allowing him to meet seasonal demand and maintain steady operations.

This expansion will help to improve his household income and financial stability. However, he faces challenges such as seasonal fluctuations in supply and volatile market prices.

By increasing inventory and ensuring continuous cash flow, Tumentsogt aims to strengthen his business and raise his family’s standard of living.

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