Funded

Total loan: $1,600
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Batmunh

Mongolia
Govi-Altai, Mongolia / General Store

A loan of $1,600 helped to purchase more stock.


Batmunh's story

Batmunh is 41 years old and lives with his wife and daughter in a ger, Mongolian yurt, in the Gobi-Altai province of Mongolia. His daughter, aged 9, attends the local secondary school.

He manages a clothes and household goods trading business, with the help of his wife, from a container at a local market. He started his business in 2000. At first he used to rent a stall. He switched to a container in 2005. His business was quite successful which allowed him to buy a truck. He is a hardworking man who is planning to expand his business. He says, "I want to have better living conditions for my family. Therefore, I am doing my best to make my business flourish." He is requesting a 2,000,000 MNT loan to purchase more stock to sell this coming spring.



Loan details

Loan length:

26 months
Disbursed date: June 8, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: June 8, 2011