A loan of $1,625 helped to purchase spare parts.


Demeddorj's story

Demeddorj, 56, is married and lives with his wife and two children in Bayanhongor province of Mongolia. They live in a ger, a Mongolin nomadic housing tent, and have a decent standard of living. His wife is retired but works as a salesperson for their son-in-law's food store. His daughter, Ichinhorloo, works as a salesperson and gets paid 200,000 MNT per month. His son operates a taxi service. Demeddorj operated a thrift shop between 2005 and 2008. He began driving a taxi as well as transporting goods with his mini-truck in 2008. Now he is trying to expand his current business and operate a spare parts store. He is a modest and hardworking person who says,: "I would like to operate a spare parts business and increase my working capital." He is requesting a loan of 2,000,000 MNT to purchase spare parts that he can sell in the market.



Loan details


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Loan details