A loan of $1,150 helped to purchase more coal.


Tumurbaatar's story

Tumurbaatar M. is 54 years old and lives with his wife and four children in Hovd province in western Mongolia. He and his family live together in a ger, a traditional Mongolian nomadic housing tent. Tumurbaatar is the landlord of a coal market which he has been managing since 1998. With these many years of operation, he has gained a lot of business experience and built a successful operation. Tumurbaatar has 30 clients who rent space at his market. His wife operates a coal trading business at his market. His earnings have enabled him to build a house (which is under construction now) at his market. In the future, he plans to build a house for his family from his earnings.

Tumurbaatar is a very business-minded hardworking man. He is requesting a 1,500,000 tugrik loan to purchase more coal for his business.



Loan details


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Loan details