Funded

Total loan: $1,150
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Batmunh


A loan of $1,150 helped to purchase a large amount of raw materials.


Batmunh's story

Batmunh N. is 31 years old and lives with his wife and ten year old son in a ger, a traditional Mongolian nomadic housing tent, in the Huvsgul province of Mongolia. His son attends a local secondary school. Batmunh operates a raw material retail business in his town with the help of his wife. He has been engaged in this business since 1996 and has built his business to a consistent level. After many years of successful operation, he has gained much experience as a businessman. Batmunh is a very modest and hardworking person. Today, he stores his raw materials in a small wooden pavilion. He plans to enlarge his storage capacity for raw materials. He is requesting a 1,500,000 MNT loan to purchase a large amount of raw materials in order to grow his working capital.



Loan details

Loan length:

26 months
Disbursed date: September 9, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: September 9, 2010