Funded

Total loan: $775
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Otgonbayar

Mongolia
Hovd, Mongolia / Butcher Shop

A loan of $775 helped to buy meat to sell.


Otgonbayar's story

Otgonbayar is a 42-year-old man who lives with his wife and four children in Hovd province in Western Mongolia. His children study at college and high school. He has been running a meat retailing business for five years. He purchases the meats from a herder or herder families and his wife sells the meat at the Trade Center in their town. The business has been successful. Due to the price increases, they need to buy the meat in large quantities. Otgonbayar is a good-natured man who says, "I would like to expand the business activity by buying the meats in large quantities before they price increases". The total amount he is requesting is 1,000,000 MNT to buy meat.



Loan details

Loan length:

26 months
Disbursed date: March 7, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: March 7, 2012