A loan of $3,700 helped to purchase a raw materials for his business.


Bayar's story

Bayar is 47 years old and lives with his wife and four children in a small house in Bayan-Ulgii Province, Mongolia. His wife, Kenshilik, is also 47 years old. She makes handicrafts. His older daughter, Aigerim, is 20 years old. She is a college student. His son, Erkibulan, is 19 years old. He is also a college student. His younger daughters, Ayaujin and Aijian, are aged 16 and 14. They are in school.

Bayar started his business in 2006 by making home utilities out of steel. He usually makes eco-friendly ovens. His monthly income is between 600,000 MNT and 800,000 MNT. He is a well experienced and open-mined man. He is requesting a loan of 5,000,000 MNT to purchase raw materials for his business.



Loan details


Lenders and lending teams




Loan details