A loan of $1,550 helped to install additional heating in his home.


Batbayar's story

Batbayar A. is 40 years old and lives with his wife and three children in Ulaanbaatar, the capital city of Mongolia. His elder son is a student while the youngest two children attend a district middle school. Batbayar operates a photographic and copying service in the city with the help of his wife. The two are also earn income from their rental service. His working capital exceeds 5 million MNT and currently his daily earnings are from 30,000 to 40,000 MNT. He is planning on expanding his business in the future by growing his working capital. He is working to afford his children's future education. Batbayar is a modest person and is requesting a 2,000,000 MNT loan in order to install additional heating in his home where the family is currently living and to increase his working capital.



Loan details


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Loan details