A loan of $775 helped to buy fuel at a wholesale price.


Baasanjav's story

Baasanjav, 47, lives with his wife and two children in a ger (a traditional Mongolian yurt) in Hovd province, Mongolia. His wife helps with his business, his elder child is a college student and his younger child is in school. He started his business journey in 2003 selling firewood and coal. Later, he expanded his business by selling dairy products and running a taxi service using his own car. He is a sharp and hardworking man who says, "Now that my daughter is in college, I need to work as hard as I can in order to support her." As the Mongolian holiday season is now approaching, demand for coal and dairy products is increasing and therefore he has requested a loan of 1,000,000 Mongolian tugriks (MNT) to buy fuel at a wholesale price.



Loan details


Lenders and lending teams



Loan details