A loan of $2,900 helped to purchase clothing and other goods to resell at retail prices at his rented counter.


Davaasuren's story

Mr. Davaasuren is 42 years old and lives with his wife and two sons in Ger in Arhangai province, Mongolia. His wife, Nasandelger, 35, operates a small business of her own. His sons, Bat-Erdene and Otgonbayar, are 16 and 13. They are secondary school students. He has been engaging in various activities since 2006. He is now starting his own retail business to sell clothing and other goods. Because of the business profits and potential expansion opportunities he has projected, he has chosen to proceed with this business. He is a diligent, hardworking and responsible man. He needs 4,000,000 MNT to purchase clothing and other goods to resell at retail prices at his rented counter.



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Loan details