Expired

Total loan: $1,450
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Oyunbold


A loan of $1,450 helped to buy some goods and rent a dress counter in order to increase his family income.


Oyunbold's story

Oyunbold is 33 years old, and lives with his wife and an 11-year-old only daughter in his wooden house in Darkhan, the second largest city of Mongolia. He has been running a taxi business in his hometown for five years and earns twenty dollars throughout the day. At the moment, his wife doesn’t have a job, so she cares for her daughter at home. Oyunbold and his wife are planning to rent a counter in a bazaar to increase their family income. His wife will manage the counter, because she has experience. Before, his wife used to work at a counter by taking cash for others. A friend of his wife, who rents a counter in a bazaar for several years, has agreed to go to the nearest border of China with his wife and will teach her where, what, and how to buy goods. The loan Oyunbold is taking will be used to buy some goods and to rent a dress counter in order to increase his family income. By doing this, Oyunbold’s family can increase their income and can save the money for their daughter’s education.



Loan details

Loan length:

27 months
Disbursed date: September 26, 2012
Expired: November 29, 2012

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: September 26, 2012
Expired: November 29, 2012