A loan of $2,550 helped to import a variety of clothing from China.

Umirbek's story

Umirbek K. is 26 years old and lives with his wife and son in Bayn-Ulgii province, Mongolia. He and his family live together in a ger, which is a traditional Mongolian nomadic housing tent.

Umirbek operates a clothing trading business in his town. He started his business in 2003 and has made much progress over the years. Umirbek purchases his products from Taikeshken, a Chinese border town, and resells them for a profit with the help of his wife. Currently, his working capital is 3,000,000 MNT.

Since he started his business, his family's living conditions are greatly improved. He is a hardworking person and focused on the future. Umirbek has been planning to save money to support his family and invest in the future of his business. He is requesting a 3,500,000 MNT loan to purchase a variety of clothing from China.

Loan details

Lenders and lending teams

Loan details