Funded

Total loan: $775
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Beisenbek

Mongolia
Bayan-Ulgii, Mongolia / Transportation

A loan of $775 helped to purchase wheels for his truck.


Beisenbek's story

Beisenbek E. is 43 years old and lives with his wife and four children in the Bayan-Ulgiy province of Mongolia. He and his family live together in a ger, a traditional Mongolian nomadic housing tent. His oldest two children attend a local secondary school while his two younger children are in kindergarten.

His wife is currently unemployed. Beisenbek operates a goods transportation business in his town. He started his business in 2003 by transporting coal and firewood between sub-provinces. He transports coal and firewood using his own truck with trailer and sells it in local markets. His truck can transport a load of up to 15 tons, which allows him to make 6-8 trips during the winter season and 8-10 trips in the summer. His business earnings are the only source of his family's income.

He is a very modest and quiet person. For the future, Beisenbek hopes to continue making progress with his business and says, "All I want is to build a house for my family." He is requesting a 1,000,000 MNT loan to purchase wheels for his truck and to grow his working capital.



Loan details

Loan length:

26 months
Disbursed date: September 7, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: September 7, 2010