A loan of $1,450 helped to purchase coal and firewood from a coal mine at a cheaper price in order to sell it to Ulaanbaatar customers to higher price.


Monhbat's story

Mr. Monhbat is 21 years old and lives with his mother and sister in Ger in the Bayanhoshuu district of Ulaanbaatar, Mongolia. His mother is a pensioner and stays home. His sister works at a private company. He has been working as an assistant for his brother's business of coal and firewood sales since 2008, right after he graduated from his secondary school.

Now Monhbat is planning to start his own business of coal and firewood sales with his mini-truck which he bought using his salary from his brother's business. He needs additional investment of 2,000,000 MNT to purchase coal and firewood from a coal mine at a cheaper price in order to sell it to Ulaanbaatar customers to higher price. He is hardworking and diligent person.



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