Funded

Total loan: $1,800
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Batsuuri

Mongolia
Arkhangai, Mongolia / Water Distribution

A loan of $1,800 helped to purchase a car for delivering water.


Batsuuri's story

Batsuuri S. is 61 years old and lives with his wife and two daughters in Arhangai province, Mongolia. He and his family live together in a ger (the Mongolian nomadic tent). His youngest daughter, Oyun-Erdene, is a university student. Batsuuri operates a water trading business in his town. He buys water and resells it, delivering with his horse cart to the local cafes, organizations and individuals.

Batsuuri started his business in 2005 with a working capital of 10,000 MNT. With a lot of hard work and determination, his working capital today is 1,000,000 MNT. Over the past five years, he has built a loyal customer base. Since he started his business, he has been providing money for his family expenses and paying his child's university tuition fees.

Batsuuri has a good personality and has very good communication skills. He says, “My dream is one day to create my own well in order to provide my service to more customers.” He is requesting a 2,500,000 MNT loan to purchase a car for his business, which will be used to transport water to sell.



Loan details

Loan length:

26 months
Disbursed date: April 28, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: April 28, 2010