A loan of $400 helped to purchase a variety of fruit at wholesale prices.

Batbayar's story

Batbayar is 35 years old and lives with his wife and two children, aged 1 and 3, in Ulaanbaatar, the capital city of Mongolia. They live in a ger, Mongolian traditional nomadic housing tent, in his parent's backyard. He manages a fruit and sweet-stuff trading business with the help of his wife.

Batbayar started his business in 2008 at a rented stall at Narantuul market, one of the crowded and busiest markets in Ulaanbaatar city. Since then, his business has become quite profitable which has allowed him to buy a car. Now, his monthly sales have reached to 200,000 MNT, with daily earning of 70,000 MNT. In addition to his fruit-trading business, he began to operate a taxi service in order to add to his family's earnings. He is planning to expand his business in the future. He is a hardworking man who says, "I am saving my earnings in order to renew my car in the near future." He is requesting a 500,000 MNT loan to purchase a variety of fruit at wholesale prices.

Loan details

Lenders and lending teams

Loan details