A loan of $2,425 helped to purchase food to resell in his shop.


Gerelee's story

Gerelee, 35, is married and lives with his wife and two children in Ulaanbaatar, the capital of Mongolia. His wife works as a nurse at a hospital and his two children attend a local secondary school. They are fortunate to own a home and land as well as maintain a decent standard of living. In 2010 Gerelee opened a grocery store near his home. He purchases food from wholesale stores and sells it at his grocery store which is located on the outskirts of the city. He wants to expand his shop and sell a wider variety of food. Gerelee is an honest and modest person who says "I would like to enlarge my shop and make more money in order to save for my children's future education." He is requesting a loan of 3,000,000 MNT to purchase more food to sell at his shop so that he can increase his working capital.



Loan details


Lenders and lending teams



Loan details