A loan of $1,450 helped to purchase second-hand products for resale.

Altantulga's story

Altantulga is 41 years old and lives with his wife and three children in Arhangai province, Mongolia. He and his family live together in a 'ger', which is a traditional Mongolian nomadic housing tent. They have been living together in their home for 16 years. Currently, Altantulga operates a second-hand product business with his wife in his town. He sells a variety of used products including clothing and blankets to his many customers.

He started his business in 2004 with 400,000 tugrugs (~ 282 USD). After years of successful operations he has managed to increase his working capital to a level exceeding 1,200,000 tugrugs (~ 845 USD) today. With his business profit, he has been providing money toward his family expenses and his family's quality of life has been improving.

Altantulga is a very hard-working person and has many plans for the future. He says, “I would like to expand my business and to create my own workplace in the future.” He is requesting a 2,000,000 tugrug (~ 1407 USD) loan to purchase large amount of second-hand products at wholesale prices for his business.

Loan details

Lenders and lending teams

Loan details