A loan of $1,500 helped to buy cattle and to sell meat for lower income people.

Sharavdochin's story

Sharavdochin, age 42, runs a public transportation business in Ulaanbaatar, the capital city of Mongolia. After working for a public transportation company for twenty years, he decided to start a business by himself, using his own minivan. He has permission to carry passengers on one of the city’s remote bus lanes, which lacks bus services.

Sharavdochin is requesting a 2,000,000 MNT (Mongolian Tugriks) loan to purchase cattle and to sell meat. Each Mongolian family uses cattle meat daily, so he wishes that his business will be very efficient and he will make an easier way to buy meat for the family that has lower income.

His children – aged 8, 15, and 17 – attend public school, while his wife works in the book section of a department store. He aims to increase his family income by expanding his business in the future.

Loan details

Lenders and lending teams

Loan details