A loan of $700 helped to purchase additional freezer and ice cream ingredients.

Badam-Ochir's story

Badam-Ochir M. is 19-year-old and is newly married. He lives with his new wife and 1-year-old son in Ovorhangai province, one of Mongolia's central provinces. He has a small business in ice cream-making. He has been running a small ice cream shop since 2008. He finished a tour with the national army and got married to his wife last year. Upon his marriage, he started his first private business--ice cream making.

From the start, his business has been doing well and the sales volume has been climbing from the beginning. This month, his business capital has increased to 850,000 Mongolian (about $590 US). He aims to increase the variety of ice cream products that he offers now. He would also like to add more flavors in his ice cream portfolio. Badam-Ochir says that he would like to expand his ice cream-making capacity as the demand for ice cream surges during this hot summer.
He requests a loan to purchase additional freezer and ice cream ingredients for his business.

Loan details

Lenders and lending teams

Loan details