A loan of $2,825 helped to buy meat in bulk.

Naranhuu's story

Naranhuu, age 46, lives with his wife and six children in a "ger" (Mongolian yurt) in Hovd province, Mongolia. He started his meat retailing business in 2000 by renting a counter at market. Over the years he has gained many suppliers and regular customers. His wife helps with his business, their elder child is a college student, and the rest of the children are enrolled in school and kindergarten.

At present, Naranhuu's suppliers are increasing their prices rapidly. For this reason, he needs to travel through rural areas in order to buy a bulk quantity of meat. He is requesting a 3,700,000 MNT loan to this end.

He is a sharp and hard-working man. He reports, "My income is decreasing and I need to act aggressively in order to support my family."

Loan details

Lenders and lending teams

Loan details