A loan of $3,625 helped to purchase construction material to reconstruct the second floor of his house.


Chuluunbaatar's story

Mr. Chuluunbaatar is 42 years old and lives with his wife and two daughters in Ulaanbaatar, the capital city of Mongolia. He owns a plot of land and a house on it. His elder daughter works as a salesperson and the younger one is studying Law at the University. His wife, Uranchimeg, works as a cleaner in a sock-making textile factory. He has been operating a taxi business using his own car.

Chuluunbaatar's elder daughter had been working for a retail shop as a salesperson for a few years, and gathered quite a good knowledge about retail business. So she decided to run a clothes-selling retail business on her own, and she needed some start-up capital. For this reason he took out his first loan. His daughter's business is successful. Now he is requesting a loan to purchase construction material. He is planning to reconstruct the second floor of their house.



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