Funded

Total loan: $400
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Munhbat

Mongolia
Uvs, Mongolia / Cafe

A loan of $400 helped to purchase and preserve a large amount of beef.


Munhbat's story

Munhbat S. is 28 years old and lives with his wife and daughter in Uvs province of Mongolia. He and his wife live together in a ger, a traditional Mongolian nomadic tent. He operates a cafe in a rented space at the local market in his town. He opened his cafe in 2008 after moving from Ulaanbaatar, the capital city of Mongolia. After years of successful operation, his monthly net profit has increased to a level of 200,000 and 250,000 MNT. He hired one assistant worker who receives monthly salary of 100,000 MNT.For the future, he hopes to have hhis own restaurant. Munhbat is requesting a 500,000 MNT loan to purchase and preserve a large amount of beef for his cafe.



Loan details

Loan length:

15 months
Disbursed date: December 31, 2010

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: December 31, 2010