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Total loan: $2,750
Arkhangai, Arkhangai, Mongolia / Clothing
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Vandan's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase clothing for resale.
Vandan G. is 34 years old and lives with his wife and three daughters, ages 14, 12 and 7, in the Arhangai province of Mongolia. He and his family have been living in an apartment since 2002. All of his three daughters attend a local secondary school. Vandan and his wife work together in their retail clothing business. They began this business in 2003 with a working capital of 500,000 MNT and after several years of hard work, their working capital now exceeds 2,800,000 MNT. He has used his earnings to support his family. Vandan says, "All I want is to raise my children to be good people with high education". Vandan is requesting a 3,500,000 MNT loan to purchase more clothing items in order to expand his business.