Funded

Total loan: $1,925
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Batsaihan

Mongolia
Arkhangai, Mongolia / Transportation

A loan of $1,925 helped to enhance his transportation business.


Batsaihan's story

Batsaihan C. is 45 years old and lives with his wife and three children in a ger, a traditional Mongolian nomadic tent, in the Arhangai Province of Mongolia. His two oldest sons attend a local high school, while his wife operates a construction business in the summer months. Batsaihan has timber trading and transportation businesses in his town.

Batsaihan started his transportation business between Arhangai and Ulaanbaatar, a capital city of Mongolia, in 1998 after purchasing a Russian jeep. He started his business with 450,000 MNT of working capital which has since grown to 6,000,000 MNT. After many years of successful operation, he was able to replace his vehicle with a much larger larger truck for 8,500,000 MNT.

Batsaihan, a very friendly man who has gained much experience both as a driver and businessman, is requesting a 2,300,000 MNT loan to enhance his transportation business.



Loan details

Loan length:

26 months
Disbursed date: December 6, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 6, 2010