Funded

Total loan: $3,100
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Suhbaatar

Mongolia
Huvsgul, Mongolia / Agriculture

A loan of $3,100 helped to purchase new welding materials and to help in the reaping of his vegetables.


Suhbaatar's story

Mr. Suhbaatar is 53 years old and lives with his wife, Dalaijargal, in a little house in Huvsgul province. His wife is his partner. Since 2008, he has conducted an organic vegetable planting, hay-making business. He is also a professional welder and he operates a welding business.

He borrowed a loan from Xacbank four times in the last four years. He was good borrower. But he is lacking in working capital, so he needs 4,200,000 MNT to purchase new welding materials and to help in the reaping of his vegetables.



Loan details

Loan length:

27 months
Repayment schedule: Irregularly
Disbursed date: July 30, 2012

Lenders and lending teams



Loan details

Loan length:

27 months
Repayment schedule: Irregularly
Disbursed date: July 30, 2012