A loan of $2,475 helped to pay for first installment of stall rent and to buy clothes to sell from wholesalers.


Batbold's story

Mr. Batbold is a 31 year old taxi driver. He lives with his wife and two sons in Kherlen soum of Dornot aimag, the far eastern province of Mongolia, which is 700 kms away from the capital city. He has been running a taxi business since 2006 and it is the only source of income for the family at the moment. His wife looks after the youngest son who is 4 months old. Batbold is planning to increase his family’s income by renting a stall at the local outdoor market and selling clothes, which he will buy from wholesalers. Batbold’s wife Oyuntuya is going to operate the stall. While Oyuntuya is at the market, her mother is going to look after the kids. The loan Mr. Batbold is taking will be used to pay for the first installment of stall rent and to buy clothes to sell from wholesalers.



Loan details


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Loan details