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Total loan: $3,000


Flag of Mongolia
Uvs, Uvs, Mongolia / Retail

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

A loan helped to purchase smaller tools and equipment to officially start his business.

Myagmar's story

Mr. Myagmar is 59 years old and lives with his wife and daughter in Uvs province of Mongolia. His wife, Oyunchimeg, helps her husband run their family business. His older children are married and live apart. His youngest daughter is a senior student at a local high school. Myagmar has been selling firewood and coal in retail bags to local residents for years in a stall in the local market. He has purchased wood chopper equipment, and is now starting a small business of his to increase his income. He used to purchase firewood, pack them into retail bags, and then sell them to local users. Now he can produce from the beginning, and increase his margin way more. He is now requesting 5,000,000 MNT to purchase other smaller tools and equipment to officially start his business. He is a hardworking, responsible, and diligent man.