Total loan: $475


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Ulaanbaatar, Ulaanbaatar, Mongolia / Clothing

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A loan helped To rent a stall to sell clothes in the bazaar.

Gankhuyag's story

Mr. Gankhuyag, 42, drives a taxi around the districts of Ulaanbaatar, the capital city of Mongolia. He has been running his business nonstop since 2003, and his daily earnings are about 15-20 USD in a whole day. Currently the business is a main income source for his family. Gankhuyag wants to start a second business, selling used clothes in the outdoor bazaar. He expects that it will increase his family income in the future. He needs 2,000,000 MNT to rent the stall in order to sell clothes in the bazaar. Mr. Gankhuyag has experience of this business; he used to sell clothes in another bazaar.