A loan of $2,700 helped to purchase commodities in bulk for his family's grocery business.


Khatanbaatar's story

Khatanbaatar, 23, runs a taxi service, and his wife and her sister run a small grocery store together as a family business. He lives with his wife in a rental apartment in the slum district of Ulaanbaatar, the capital city of Mongolia. Khatanbaatar and his wife want to increase the working capital of their grocery store in order to expand the business. It will increase the store’s sales volume as well as the family's income. He first needs to purchase commodities in large amounts from the big food markets in the city. The loan he is taking will be dedicated to increasing the business's working capital.



Loan details


Lenders and lending teams



Loan details