Funded

Total loan: $1,300
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Sugarjav


A loan of $1,300 helped to buy a few cows and animal feed to increase his income from selling milk.


Sugarjav's story

Mr.Sugarjav is 31 years old and lives with his wife and two daughters in Dornod Aimag, Kherlen Soum, in the far eastern province of Mongolia, which is 500 miles away from the capital city. Since 2004, Mr. Sugarjav has been running a transport business. He carries people from the center of Dornod Aimag to different remote "soums" (towns). He has gained a lot of experience during the last 6 years and he has a good reputation among his colleagues and customers.

His wife works as a teacher in secondary school. The family keep a few cows for milking purposes. They sell surplus milk to neighbors to earn some extra money. This time Mr. Sugarjav is planning to buy more cows to increase the family income. The loan will be used to buy cows to increase their income from selling milk.



Loan details

Loan length:

27 months
Disbursed date: January 29, 2011

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: January 29, 2011