Funded

Total loan: $1,150
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Baasankhuu

Mongolia
Ulaanbaatar, Mongolia / Fruits & Vegetables

A loan of $1,150 helped to cover the cost of cabbage seeds, organic fertilizer and new irrigation equipment.


Baasankhuu's story

Mrs. Baasankhuu, 52, sells vegetables and some kinds of groceries. She lives with her husband and four children in the ger (Mongolian housing tents) district, an area of the city with no running water, minimal roads and spotty electricity, in Ulaanbaatar, the capital city of Mongolia. She has been running her business for over a decade, and she has gained a lot of experience from her business. In the rural area, her family rents a 1-hectare plot of land, and they plant all kinds of vegetables there for her to sell to the customers.

This year, Baasankhuu wants to plant cabbage in a large amount. First, she needs to buy the seeds of cabbage and organic fertilizer for it. As we know, cabbage is a very healthy and vitamin-containing vegetable. Most Mongolians prefer to use it every day, so she decided to sell cabbages to her customers. Also, she needs to renovate her equipment and tools of the irrigation system. She and her family hope that their customers will appreciate the cabbages they sell to them. The loan she is taking will be dedicated to covering the cost of cabbage seeds, organic fertilizer and new irrigation equipment.



Loan details

Loan length:

14 months
Disbursed date: June 11, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 11, 2012