Total loan: $4,625


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Sansar, Ulaanbaatar, Ulaanbaatar, Mongolia / Food

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A loan helped to invest in his idea to start a fast food business.

Hashhuu's story

Hashhuu is 23 years old lives with his parents in a small apartment in Ulaanbaatar, Mongolia. His father works at a local candy factory and his mother is an engineer at a local airline company. Hashhuu has been enthusiastic and hardworking since he was a young child. He started working while attending university. He has a few years of experience working at a popular chain restaurant and gained experience and skills running a small cafeteria. He has found a place to open his small fast food stall. It is close to schools and other public organizations and there are no potential competitors nearby. Hashhuu has written a business plan for his fast food business and was granted technical support from Development Solutions local NGO which now pilots the "Youth Business Mongolia" project to support young entrepreneurs' ideas. His fast food stall would provide organic products including traditional food, dairy products, and drinks. He is requests 8,000,000 MNT to invest in his idea to start a fast food business.