A loan of $2,050 helped to build an extension to his house entryway.

Baasansuren's story

Baasansuren is 26 years old, lives with his wife and two sons in Ulaanbaatar, the capital of Mongolia. They live together in a small house on their plot of land. His two sons are attending a local kindergarten.

Baasansuren has operated a vegetable retail business for the last ten years and has gained a lot of experience. Since 2006 he has been renting a stall at “Kharkhorin” market. His wife helps his business during the day. As his business has grown, he has increased his inventory including fish, onions and fruit. Baasansuren is very hard-working person who is providing for his children’s future education and teaching them morals.

He lives a little far from the market; therefore he is planning to purchase a car, using his savings. Baasansuren is requesting a loan to build an extension to his house entryway and will use part of the loan to increase his working capital so he can buy more products for resale.

Loan details

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Loan details