Funded

Total loan: $1,150
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Ganbaatar

Mongolia
Uvurhangai, Mongolia / Tailoring

A loan of $1,150 helped to buy wool and improve his equipment.


Ganbaatar's story

Ganbaatar is 25 years old and lives with his wife and two kids in ger (Mongolian yurt) in Uvurhangai province, Mongolia. His wife looks after her children. He started his wool processing business in 2008. He started his doing his products by his bare hands. He processes wool and makes felt. He supplies to the factory. Now that his doing it for sometime, his product demand is increasing. Therefore, he's requesting 1,500,000 MNT to buy wool and improve his equipment. He's a young and hardworking man who says "Now I'm father I have to be more responsible for my business in order to support my children."



Loan details

Loan length:

14 months
Disbursed date: February 2, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 2, 2012