A loan of $1,000 helped to purchase potatoes and some equipment.


Munhbat's story

Munhbat is 41 years old and lives with his wife and four children in a ger, Mongolian traditional nomadic housing tent in Zavhan province, Mongolia. His older two daughters and son attend local secondary school while the youngest one is in kindergarten. He manages a vegetable trading business with the help of his wife. He started his business in 1982. They plant their vegetable during spring period and sell them in fall. They own 50 hectare of land and a big storage too. They gained much experience and became well-known amongst their customers. Munhbat is a hardworking man who says, "I am borrowing loan many times from Xacbank. I will do my best to pay back the loan on time." He is requesting a 1,200,000 MNT of loan to purchase potatoes and some equipment for his business.



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Loan details