Funded

Total loan: $1,525
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Mendbayar

Mongolia
Bayanhongor, Mongolia / Transportation

A loan of $1,525 helped to purchase grocery goods to serve rural people.


Mendbayar's story

Mendbayar is 38 years old, married, and lives with her husband and two daughters in her ger (a traditional nomadic Mongolian tent) in Bayanhongor province, Mongolia. Her husband operates his own business and their two daughters go to school. In 2003 Mendbayar rented a food stall to start a business trading grocery goods. Since 2007 she has been operating a traveling business through the countryside. She travels around country side and sales grocery product. The traveling trade has more advantages, as it provides more profit and quicker income. The working capital has reached to 2,000,000 MNT. For the traveling trade, they use a car that was bought in 2011. Mendbayar and her husband are hardworking people, and their future plans are to expand their business so they can build a house. Mendbayar is requesting a loan of 2,000,000 MNT to purchase grocery goods to serve rural people.



Loan details

Loan length:

14 months
Disbursed date: April 25, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 25, 2012