A loan of $1,200 helped to purchase meat.


Byambagerel's story

Byambagerel is 35 years old and lives with her brother-in-law and daughter in a house in the Sansar area, Ulaanbaatar, the capital city of Mongolia. Her daughter, age 5, attends kindergarten and her brother-in-law manages a taxi service business. She conducts a meat trading business with the help of her older two sisters at a rented stall at a trading center. She started her business after her secondary school graduation and gained much experience. With 10 years of business operation she has been able to stabilize her business and build a strong customer base. She is a diligent and responsible woman who is planning to expand her business in the future. She says, "I am receiving loan many times from Xacbank, one of the famous banks in Mongolia. I understood that if I use my loan wisely I can improve both my business operation and living condition. In the future I want to have my own apartment using the loan money carefully." She is requesting a 1,500,000 MNT loan to purchase meat for her business.



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Loan details