Funded

Total loan: $425
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Davaadorj

Mongolia
Uvurhangai, Mongolia / Food Market

A loan of $425 helped to purchase food products.


Davaadorj's story

Davaadorj is 64 years old and retired. He lives with his wife and 17-year-old daughter in Ovorhangai province, one of Mongolia's central provinces. His daughter is a senior in a local high school. Since his retirement income is not enough to support his family, he has started his own small business in food retail. Davaadorj visits small country towns around the province and sells food products, including soft drinks, tobacco, baked goods and so on. When he returns to his city, he transports passengers in his van.

Davaadorj has been in this business for the last five years and acquired many customers in the countryside. He works hard to earn enough money to save up for his daughter's university tuition as she starts university next year. He is requesting a loan to purchase more food products for his business.



Loan details

Loan length:

14 months
Disbursed date: June 4, 2009

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 4, 2009