Funded

Total loan: $2,100
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Turtogtoh

Mongolia
Tosontsengel, Zavhan, Mongolia / Construction Supplies

A loan of $2,100 helped to purchase construction materials.


Turtogtoh's story

Turtogtoh is 43 years old and lives with his wife and two daughters in Zavkhan province in western Mongolia. They live in a ger, a traditional Mongolian nomadic housing tent.

Turtogtoh operates a consumer goods trading business with the help of his sister. She lives and works in Tuva Republic and is responsible for selling products at her rented stall at a local market. Turtogtoh imports consumer goods and exports them to Tuva Republic. He sells a variety of household items to the residents of Tuva Republic. He has had developed his business into a stable operation and has established a strong customer base.

In order to expand his business, Turtogtoh began to sell construction materials along with consumer goods. With his business earnings, he has bought a house and some electrical appliances such as a TV, computer, Canon printer, etc. In the future, he wants to have his own working place in Mongolia. He is a very hardworking man and attributes his success to his good accounting skills. He is focused on the future and says, “I want to provide my children with a happy life.” He is requesting a 3,000,000 MNT loan to purchase construction materials for his business.



Loan details

Loan length:

26 months
Disbursed date: January 13, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: January 13, 2010