Funded

Total loan: $925
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Nerguibaatar

Mongolia
Arkhangai, Mongolia / Spare Parts

A loan of $925 helped to buy supplies for his motorcycle parts business.


Nerguibaatar's story

Nerguibaatar O. is a 26 year old single man who lives with his mother and one sibling in Arhangai province in central Mongolia. Nerguibaatar operates a motorcycle parts business in his town. He started his business in 2006 with 500,000 MNT of capital. After years of successful operation, he has managed to increase his working capital to a level exceeding 2,500,000 MNT today. Over the years he has gained much experience in his trade and has built a stable business. His business earnings have enabled him to renovate his house. He is a very honest and says: "I want to supply a high quality product to my customers." Nerguibaatar is requesting a 1,200,000 MNT loan to buy supplies for his motorcycle parts business.



Loan details

Loan length:

15 months
Disbursed date: August 23, 2010

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: August 23, 2010