Funded

Total loan: $775
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Horoldavaa

Mongolia
Uvurhangai, Mongolia / Phone Repair

A loan of $775 helped to purchase new program readers and equipment.


Horoldavaa's story

Horoldavaa is a 28-year-old man who lives with his wife and 2 children in Uvurhangai province in Central Mongolia. His wife is unemployed and his 2 children are 4 and 1 year old. He has been running a cellphone repair and spare parts retail business since 2005 in his town. He is one of the first retailers who started retailing the spare parts in that trade center. He has already made many regular customers in the area and succeeded in the field. He has a further plan to continue the business.

Horoldavaa is a good-natured man who says that, "I would like to expand the business activity by buying some new equipment and program readers for the new cellphone technology." The total amount he is requesting is 1,000,000 MNT to purchase the new program readers and equipment.



Loan details

Loan length:

26 months
Disbursed date: March 21, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: March 21, 2012