A loan of $2,425 helped to purchase more types of clothing.


Altangerel's story

Altangerel D. lives with his family in the province Arkhangai. He and his wife have 4 children. 3 of them go to school. He started his business in 2003, selling clothes in the market stand. Altangerel goes to Ereen, a Chinese border city, once or twice every month to purchase men's and women's apparel at cheaper prices. His business is running successfully and his working capital has increased from a start-up capital of 300,000 to 3,000,000 tugrigs.

As a result of his successful business, they could afford to build a house and buy a truck. In the future, they want to expand their business by producing construction blocks. He is requesting a loan of 3,500,000 to purchase more types of clothing.



Loan details


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Loan details