Total loan: $1,100
Selenge, Selenge, Mongolia / Retail
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A loan helped to purchase an inventory of seasonal shoes to sell to local customers.
Mr. Lhagvasuren is 46 years old and lives with his 2 children in an apartment in the Selenge province of Mongolia. His son Enhbold, age 27, works at a mining company as a driver, and his daughter Enhchimeg, age 25, works at a local company. Lhagvasuren has been running a shoe retail business since 1996. He has gained a lot of experience and regular customers over the years. He is now requesting 1,500,000 MNT to purchase an inventory of seasonal shoes to sell to local customers. He is a hardworking, optimistic and responsible man who also has a good record with his previous loans at XacBank.