Funded

Total loan: $725
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Batbold

Mongolia
Govi-Altai, Mongolia / Charcoal Sales

A loan of $725 helped to buy cheaper firewood in bulk from Zavhan province and sell it in the local market at a higher price.


Batbold's story

Mr. Batbold is 28 years old and lives with a wife and two sons in Ger, Govi-altai Province. He has been working in firewood and coal sales with his wife since September 2010. One of his sons is a student, and another is in kindergarten. Mr. Batbold decided to rent his own place to sell coal and firewood. He and his wife have plenty of experience in that area. He is requesting 1,000,000₮ to buy cheaper firewood in bulk from Zavhan province and sell it in the local market at a higher price. He said, "We are a young family. We want to operate our own business and buy a truck. If we have a truck, sales would increase and profit would be maximized." He is a hardworking and enthusiastic person.



Loan details

Loan length:

25 months
Disbursed date: October 4, 2012

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: October 4, 2012