Funded

Total loan: $2,175
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Ulambayar

Mongolia
Ulaanbaatar, Mongolia / Internet Cafe

A loan of $2,175 helped to buy 4 new PCs to increase his business and family income.


Ulambayar's story

Ulambayar is 40 years old and lives with his family in a ger (a traditional Mongolian yurt) in the boundary area of Ulaanbaatar, the capital of Mongolia. He has 3 children: a 21-year-old son who studies at a university, a 16-year-old younger son who studies at a secondary school, and a 5-year-old girl who goes to kindergarten.

Ulambayar has been managing a small internet cafe in his area with his wife since 2010. His internet cafe has 8 PCs. In winter, due to the cold, children spend their spare time participating in indoor activities--the internet/PC game cafe is one of the children’s favorite places to come. Ulambayar is planning to buy 4 new PCs to increase his business and family income.



Loan details

Loan length:

26 months
Disbursed date: October 2, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: October 2, 2012