Funded

Total loan: $2,400
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Regzen

Mongolia
Hovd, Mongolia / Grocery Store

A loan of $2,400 helped to buy more grocery products.


Regzen's story

Regzen is 32 years old and lives with his wife and children in a house in the Hovd province of Mongolia. His wife helps him to manage the family business as a shopkeeper. He started his business in 2005 by selling foods and other products, and subsequently gained five years of work and business experience. Then in 2010, he opened a grocery store. He is planning to expand his business in the future. He is a family oriented and diligent man who says: "I want to expand my business and bring in products from Ulaanbaatar city." He is requesting a 3,000,000 MNT loan to buy more grocery products and to increase his turnover capital.



Loan details

Loan length:

26 months
Disbursed date: September 27, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: September 27, 2011