Total loan: $2,500


Darkhan, Darkhan-Uul, Mongolia / Agriculture

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A loan helped to purchase organic fertilizer for his farm.

Altangerel's story

Mr. Altangerel, 28 has a vegetable farm with potatoes, carrots and onions on his own plot of land. After harvesting, he sells the vegetables to the markets in the city. He lives in Darkhan, the second largest city in Mongolia, with his wife and 2 children. He has been running his business for 7 years. His business usually has risks of the natural disasters or market issues. Last year his business had a loss with a small harvest. It was caused by the insects, pests and lack of fertilizer, as he concluded. Therefore, this year he decided to prevent this kind of risk. Now, he needs to purchase some kinds of organic fertilizers from trusted Russian suppliers. The cost is quite high for him. The loan he is requesting will be dedicated to purchasing organic fertilizer for his farm.