Funded

Total loan: $2,600
Powered by 76 lenders

Erdenebileg

Mongolia
Hovd, Mongolia / Clothing Sales

A loan of $2,600 helped to purchase more winter clothes and to start providing a car repair service.


Erdenebileg's story

Erdenebileg B. is 41 years old and lives with his wife and three daughters in the Hovd province of Mongolia. He and his family live together in a ger, a traditional Mongolian nomadic tent. His oldest daughter attends university while the two youngest ones attend a local high school. His wife operates a clothing retail business while Erdenebileg drives a taxi in the local community. At first, he began his own business in 1998 by operating a clothes trading business. After many years of operation, he was able to start operating a taxi service to supplement his earnings. His wife is now responsible for the clothes retail business. For the future, he plans to expand his business and buy one more shipping container so they can sell a variety of clothing items. Erdenebileg is requesting a 3,200,000 MNT loan in order to purchase more winter clothes and to start providing a car repair service.



Loan details

Loan length:

26 months
Disbursed date: December 8, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 8, 2010