For many years, he worked as a welder in state organizations, and in 2001, he started his own private welding business with his two followers. He often had a high work load and took many orders from customers every day.
Recently, his eyesight has became very bad due to working many years as a welder, which is a very unhealthful job, and it is impossible to continue his job further. But it was a main source of his family's income.
Therefore, he and his wife are planning to start another private business as vegetable growers. It is a more nature-oriented activity than welding.
Bazarragchaa has tested planting some vegetables near his house and it was done successfully, so he can grow some kind of vegetables in the last part of summer.
Now he needs only a small grocery store to sell his vegetables near home, because already he has customers around the district. The loan he is taking will be dedicated to buying some building materials to build a grocery store beside his home to sell his own vegetables.
More information about this loan
This loan is part of Credit Mongol's green loan program, which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.
About Credit MongolCredit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.
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