A loan of $2,275 helped to purchase a trailer for his big van and for construction materials for his shop.

Purevtsengel's story

Purevtsengel H. lives with his wife and three children in their own house in the Uvs province of Mongolia. His two sons are currently unemployed and stay at home with their mother. His daughter attends university. He had been operating a consumer goods trading business since 1998 and had stopped his trading business due to his wife's health condition in 2009.

He used to work as a driver for a local organization, therefore he had gained experience in this profession. Purevtsengel started his transportation business with help of his two sons in 2010 after purchasing a new truck. He is a very modest man and says, “ All I want is to restart my previous business.” He needs more funds to complete construction of his store that costs 1,500,000 MNT and therefore he is requesting a 3,000,000 MNT loan both to purchase a trailer at 1,500,000 MNT for his big van and to use in the construction of his shop.

Loan details

Lenders and lending teams

Loan details