Total loan: $2,550


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Arkhangai, Arkhangai, Mongolia / Clothing

Nerguibaatar's loan finished fundraising,
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A loan helped to purchase more apparel.

Nerguibaatar's story

Nerguibaatar is 31 years old and lives with his mother in Arhangai province, Mongolia. They live in a traditional Mongolian nomadic tent called a “ger.” They have lived there for seven years. Nerguibaatar currently operates a clothing business with support from his mother. He started his business in 2004 with capital of 1,200,000 MNT and has built it to a consistent level. He attributes success to his strong selling and communication skills. Today, his working capital exceeds 3,500,000 MNT. He has built a loyal customer base that appreciates his quality products. Nerguibaatar is requesting a 3,500,000 MNT loan to purchase more products to sell from Ereen, a popular trading town on the border with Mongolia.