A loan of $2,425 helped to purchase and preserve a large amount of coal and wood for reselling.


Otgontsend's story

Otgontsend D. is 55 years old and lives with his wife and four children in a ger, a traditional Mongolian nomadic tent home and fence in Yaarmag in the Han-Uul district of Ulaanbaatar, the capital city of Mongolia. His younger three children all attend school while his eldest son works in the rural area. Otgontsend operates a coal and firewood trading business. He started this business in 1995 and has since gained a lot of experience in his trade. All the family members help him with the business. Otgontsend is a hardworking man and is requesting a 3,000,000 MNT loan to purchase and preserve a large amount of coal and wood before prices for such products rise.



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Loan details