Funded

Total loan: $1,100
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Myagmardorj


A loan of $1,100 helped to buy a truck to start his recyclable waste transporting business.


Myagmardorj's story

Myagmardorj is 31 years old and lives with his wife and 8-year-old daughter in Tosontsengel, Zavhan province, Mongolia. His wife, Shinetogtoh, 32, works at a small cafeteria. He has been operating his transportation business for three years now. He is planning to buy a truck and operate a recycling business by picking up recyclable items from households and selling them to recycling small manufacturers or retailers of recycled waste. His estimated profit will be enough to cover his family expenses. He will save any excess amounts to build a house for his family and save for his daughter's education. He is a modest, helpful and hard-working man. He is requesting 1,500,000 MNT to buy a truck to start his recyclable waste transporting business.



Loan details

Loan length:

14 months
Disbursed date: October 6, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 6, 2012