Funded

Total loan: $1,550
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Dagvadorj

Mongolia
Ulaanbaatar, Mongolia / Food Production/Sales

A loan of $1,550 helped buy food packaging equipment and supplies.


Dagvadorj's story

Dagvadorj, 42, produces diary products such as milk, yogurt, butter and dried curds with his wife. Then he sells them to customers in the market. This is a business what is the main income source for his family. He has been running his business for 2 years and he has been trying to gain enough experience in his business. He lives with his 3 children and his wife in a ger, a Mongolian nomadic yurt, in a district in Ulaanbaatar, the capital city of Mongolia. Dagvadorj wants to improve his business through the packaging of his products which meets with the hygienic requirements. It will be the standardized goods packaging. His products do not have any dedicated packaging currently. Now he needs the equipment to package goods of various types and sizes. Principally, he is planning to use recyclable brown paper for his products packaging. The loan he is taking will be dedicated to purchase packaging equipment and packing raw materials.



Loan details

Loan length:

20 months
Disbursed date: April 17, 2012

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: April 17, 2012