Funded

Total loan: $575
Powered by 22 lenders

Jargalsaihan


A loan of $575 helped to purchase more bottles.


Jargalsaihan's story

Jargalsaihan, age 54, operates a clothes sales business in his town. He started this business in 2005. In addition, he runs a business trading plastic bowls and bottles. He collects used cans and bottles in bulk. He plans to obtain a large storage facility where he can load and store large quantities of cans and bottles.

He is a diligent man who is planning to expand his business in the future. He says, "Because of insufficient collateral, I am having difficulty receiving loans from banks." He is requesting a 700,000 MNT loan to purchase more bottles and to increase his working capital.

Jargalsaihan lives with his wife in a "ger," a traditional Mongolian yurt, in the Govisumber province of Mongolia. His wife is an inspector who works at a public organization. All of their children are grown and live separately.



Loan details

Loan length:

20 months
Disbursed date: July 10, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: July 10, 2011