Funded

Total loan: $2,225
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Myagmardorj

Mongolia
Ulaanbaatar, Mongolia / Internet Cafe

A loan of $2,225 helped to purchase replacement computer parts and upgrade his internet speed.


Myagmardorj's story

Myagmardorj is operating an internet and PC game cafe in the busy center of the city. He is 32 years old and lives with his wife and one-year-old son in a small rental apartment in Ulaanbaatar, the capital city of Mongolia.

He began his business in 2007 when he saw a great market opportunity, as many local young people were really getting into internet surfing and computer games. He is planning on expanding his business by adding more computers so that he can accommodate more customers.

Myagmardorj is requesting a 3,000,000 MNT loan in order to purchase replacement computer parts and upgrade his internet speed. In the future he wants to open more internet cafes.



Loan details

Loan length:

20 months
Disbursed date: June 11, 2010

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: June 11, 2010