Total loan: $2,775


Arkhangai, Arkhangai, Mongolia / Food

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A loan helped To purchase livestock for his diary business.

Altangerel's story

Altangerel is 55 years old and lives with his wife in Arhangai, Mongolia. They live in a traditional Mongolian nomadic housing tent called a ger. Their children are grown and have left home. Altangerel and his wife operate a dairy production business at a local market. He produces and sells milk, curd and skim milk. He has been in the business since 2007 and has steadily expanded it. During the summer he sells only milk but in the spring and autumn he sells other dairy products as well. Altangerel would like to improve his livestock and develop breeds. He is optimistic about the future and hopes to grow his business into a stable operation. Altangerel is requesting a 4,000,000 tugrug (~ 2815 USD) loan to purchase livestock.