A loan of $1,875 helped to buy casual clothes to increase his working capital.


Batbaatar's story

Mr. Batbaatar, 24, sells clothes with his wife. They have been operating their business for last 3 years and own 3 stalls. Batbaatar is a very hardworking and fair young man, as his coworkers identified him. Currently he lives with his wife and his parents in the ger district, a Mongolian traditional nomadic yurts district in Ulaanbaatar, the capital city of Mongolia. In summer and autumn, he has big sales of clothes for women, men and kids. Lately, his stock has been decreased and he wanted to increase it before this autumn. It is a very good chance to enlarge his sales volume and earn extra profits. The loan he is taking will be dedicated to buy casual clothes to increase his working capital. In addition, he has a plan to have a baby in the next year.



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Loan details