Total loan: $2,450
Ulaanbaatar, Ulaanbaatar, Mongolia / Manufacturing
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A loan helped to launch a block making factory by purchasing equipment and land.
Mr. Batsaikhan, 45 years old, lives with his wife and three daughters in Ulaanbaatar, the capital city of Mongolia. The family is currently residing in his brother's apartment temporarily because he hasn't finished his house renovation. He has been leading construction teams to perform various building work on contract with building companies or individuals since 2006, has accumulated a vast amount of experience in executing his work and is considered to be the best by his clients. Before this job, he had been rendering taxi services to the local people using his automobile for some time. He is requesting a loan of 3,500,000 MNT to launch a block making factory. He will use this money for the necessary equipment and land. It is expected that he will generate more income from this factory and improve his family's living standard. The borrower is a very hardworking individual who works day and night as well as a caring father and husband for his daughters and wife, respectively.