A loan of $1,000 helped to purchase necessary materials and supplies.

Galbadrah's story

Galbadrah N. is a married man and lives with his two adult children in the Chingeltei district of Ulaanbaatar, the capital of Mongolia. His two children both attend university. Galbadrah and his wife operate a construction business specializing in the interior and exterior decoration of buildings. He has owned this business for the past 9 years and over this time he has gained a lot of experience.

Before starting his business, he worked as a teacher until 2001 (after graduating from university as a teacher in 1991). After years of successful operation, he was able to buy a new car which enabled him to start operating a new transportation service business to supplement his earnings. Today his working capital exceeds 2,000,000 MNT and monthly sales has reached a level of 800,000 MNT.

Galbadrah is a business man and says, "I want to build a house for my oldest son in the future." He is requesting a 1,200,000 MNT loan in order to purchase necessary materials and supplies for his construction decoration business.

Loan details

Lenders and lending teams

Loan details