A loan of $1,775 helped to buy more cell phones to resell in his mobile phone shop.


Otgonmend's story

Otgonmend is 30 years old and lives with his wife and 3 year old daughter in Darkhan, the -second largest city in Mongolia . His wife stays home and looks after their child. He has been running a small shop which sells mobile phones, chargers and phone accessories from China since 2008. Recently Otgonmend started a cell phone repair service based on the experience he gained in the last 3 years. He thinks that he can increase his shop income by offering his customers more varieties of cell phones to choose from. Therefore he needs to buy more cell phones for his shop..



Loan details


Lenders and lending teams



Loan details