Funded

Total loan: $2,875
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Byambaahuu

Mongolia
Arkhangai, Mongolia / Grocery Store

A loan of $2,875 helped to purchase inventory.


Byambaahuu's story

Byambaahuu is 65 years old and lives with his wife in Arhangai province, Mongolia. He and his wife live together in a ger, the Mongolian nomadic tent. His son, Tomortulga, works in Ulaanbaatar, the capital city of Mongolia. Byambaahuu operates a grocery store in his town with the help of his wife. He started his business in 1998 with working capital of 1,000,000 tugrugs (~ 705 USD), and since then, he and his wife have built a stable operation. Today, his working capital exceeds 4,000,000 tugrugs (~ 2815 USD). They have been planning to expand their grocery store with their earnings in the future. Byambaahuu is a very hard working person who has good communication skills. He is requesting a 4,000,000-tugrug loan to purchase a variety of products from Narantuul trading center, the biggest market in Ulaanbaatar.



Loan details

Loan length:

14 months
Disbursed date: March 11, 2010

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 11, 2010