Funded

Total loan: $3,625
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Enhbaatar


A loan of $3,625 helped to purchase a mini-truck to provide a transportation business for locals.


Enhbaatar's story

Mr. Enhbaatar is 31 years old, lives with his family in a ger (a felt lined tent) in the Tosontsengel province of Mongolia. His wife is named Tuvshruh and helps her husband and his business. His three children go to the secondary school and the youngest one is 1 year old and stays at home with his wife. He started to make national shoes at his home in 1996. Now he is starting his brand new business as a transportation service provider. His estimated income and profit for the business is better than his cobbler business and now he is requesting 5,000,000 MNT to purchase a mini-truck to provide transportation for locals. He is a hardworking and friendly man who says that "I need to build a small house for my family, because the kids are growing so fast and we cannot fit in ger any longer."



Loan details

Loan length:

25 months
Disbursed date: October 2, 2012

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: October 2, 2012