Funded

Total loan: $925
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Malchinhuu

Mongolia
Hovd, Mongolia / Fuel/Firewood

A loan of $925 helped to purchase coal for sale.


Malchinhuu's story

Malchinhuu is 47 years old and lives with his wife and two kids in Western Mongolia. His wife does construction decoration in summertime and his two kids study at the local secondary school. He has been retailing sacks of wood and coal since 2002. His sales have been rising lately and he is planning to get the supplies in large amounts so that he can expand the business activities.

Also, he operates a taxi service business using his own car. He is a bright and good-natured man who says, "I would like to expand the business to make it easier for me and for my customers. I have further plans to save for my kids' college fees." The total amount he is requesting is 1,200,000 MNT for the supplies.



Loan details

Loan length:

26 months
Disbursed date: February 8, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: February 8, 2012