A loan of $2,475 helped to purchase plumbing supplies.

Ulziybayar's story

Ulziybayar T. is a 45-year-old married man with three children aged 12-18. All his children go to a local school. His family lives in a "ger" (traditional nomadic housing, like a yurt) district on a plot of land he owns in Arhangay, one of Mongolia's central provinces.

Ulziybayar is a plumber. He gets orders from local residents to fix their water pipes and toilets. Besides working as a plumber he has been running a plumber's workshop during the past 18 years. Ulziybayar purchases plumbing supplies at a wholesale prices from Ulaanbaatar, the capital city, and resells them to local residents or institutions at retail prices. With the profit he improved his living conditions dramatically. Now his working capital has reached 5 million tugrugs (equal to $3,500). He requests a loan to purchase plumbing supplies for his business.

Loan details

Lenders and lending teams

Loan details