Funded

Total loan: $1,925
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Jagir

Mongolia
Hovd, Mongolia / Clothing Sales

A loan of $1,925 helped to purchase more clothing.


Jagir's story

Jagir D. is 55 years old and lives with his wife and three children in Hovd Province, Mongolia. Jagar operates a clothing stand at the market with the help of his wife and children. He started his business in 2000 repairing shoes, and after years of successful operation and experience broadened his business activities and started another clothing booth at the Ih Buyan market in 2009.

He says, "My wife and I have worked hard to pay tuition fees for our three children, and now they have all graduated from their universities. Now we need to help them have their own lives separate from us.” He is requesting a 2,500,000 MNT loan to purchase more clothing for help expand his retail trade business.



Loan details

Loan length:

20 months
Disbursed date: September 11, 2010

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 11, 2010