A loan of $1,600 helped to cover his young son's university expenses.

Davaajargal's story

Mr. Davaajargal is 53 years old, and lives with his wife and three children in a small house in the Tosontsengel province of Mongolia. His wife, Byambajargal, is retired and stays at home. His daughter Dolgorsuren, age 26, and son Guyenbaatar, age 23, stay at home helping their father's business. His youngest son goes to the secondary school.

His young son Mongondavaa, age 17, has just entered university.

Mr. Davaajargal has been operating a small, traditional food cafe, since 2010. In addition, he has just opened a grocery store. He is planning to expand his business and let his children become educated and able to live by themselves. He is now requesting a 2,200,000 MNT loan to cover his young son's university expenses, including tuition and dormitory. Davaajargal is an ethical and punctual man, recognized as such by local customers and clients.

Loan details

Lenders and lending teams

Loan details