Funded

Total loan: $1,850
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Batbuyan

Mongolia
Uvs, Mongolia / Sewing

A loan of $1,850 helped to purchase raw materials (camel wool and cashmere) for his wife's new business.


Batbuyan's story

Mr. Batbuyan is 49 years old and lives with his wife and four kids in a ger, a Mongolian traditional nomadic yurt, in Uvs province. His two older children are college students and the other two children are secondary school students.

Mr. Batbuyan started a retail trade business on a rental counter in 1998. His wife has started to operate a sewing business. She produces the rope for gers and other items at home. Batbuyan also sells products produced by his wife at his rental counter.

He is asking for 2,500,000 Mongolian tugriks (MNT) to purchase raw materials (camel wool and cashmere) for his wife's new business. His goal is to increase the profit and to save the money to build his own house and a working place. He is an honest and hardworking person.



Loan details

Loan length:

26 months
Disbursed date: August 24, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 24, 2012