A loan of $2,175 helped to purchase clothes from China and sell them in his rental counter at the local market.


Munh-Erdene's story

Mr. Munh-Erdene is 26 years old. He lives with his wife and two children in a ger (a Mongolian housing tent) in the Arhangai province of Mongolia. His wife, Naranchimeg, 26, stays at home with her younger son, Lhamjav, age 1. His daughter, Mongonchimeg, 6, is a primary school student. He has been operating a clothes retail business since 2008. He has planned to expand his business to increase the family income since he and his wife had a baby and family expenses increased. He is now requesting a 3,000,000 MNT (Mongolian tugriks) loan to purchase clothes from China and sell them in his rental counter at the local market. He is an honest, responsible and hardworking man.



Loan details


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Loan details