A loan of $1,900 helped to purchase more grocery products.

Munhbayar's story

Munhbayar is a 23-year-old man who lives with his wife and two daughters in Chingeltei district, Ulaanbaatar, the capital city of Mongolia. They live in a "ger", a Mongolian traditional nomadic housing tent, in his parents' backyard. His two daughters haven’t reached school age, so they stay home with their nanny.

Munhbayar manages a grocery trading business with the help of his wife. He started his business in 2006 in a rented stall at Bumbugur trading center, one of the busiest markets in Ulaanbaatar city. His monthly rent is 140,000 MNT. Since last year his wife began to conduct their business independently and Munhbayar started working as a designer at a private company. He is a polite man who says, "My wife and I are doing our best to provide better living conditions for our children." He is requesting a 2,300,000 MNT loan to purchase more grocery products to increase his sales.

Loan details

Lenders and lending teams

Loan details