Total loan: $2,200


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Ulaanbaatar, Ulaanbaatar, Mongolia / Food

Dugar's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy some grocery products to sell during the holiday.

Dugar's story

Dugar is a 58 year old widower who lives with his daughter and son in a small house which is located in a outer ger district, without basic infrastructure, of Ulaanbaatar city, Mongolia. His son attends Mongolian University of Science and Technology. He has supported his family by operating a grocery store business for 6 years. The big advantage of his business is his small store is the only store in that that area, so he has many customers. He has about a 4.5 million Mongolian Tugriks (MNT) in working capital. During the holiday he wants to increase his working capital and wants to attract more customers as well. Thus Dugar is requesting a 3,000,000 MNT loan to purchase grocery products to sell. Also he is a very trusted client of Transcapital CoLtd.,