A loan of $2,875 helped to purchase additional inventory to meet customers' orders on time in order to increase business income and profit.


Togtohnamsrai's story

Togtohnamsrai is 61 years old and lives alone in a ger in the Chingeltai district of Ulaanbaatar, Mongolia. Her son lives on her plot of land in a separate ger with his wife and child. She and her son Bold, age 34, have worked together since 2001 in a local market selling wooden products. Togtohnamsrai and her son started their business of wooden furniture manufacturing recently and they already built a strong customer base within the area and they produce wooden furniture from customer orders. They have obtained a lot of experience and the business is the main source of income for both her and her son's family. Togtohnamsrai is now requesting a loan of 4,000,000 MNT to purchase additional inventory to meet customer orders on time in order to increase business income and profit. She and her son are both hardworking and diligent people. She has been a client of Xacbank for about 5 years now and she has been a good client with no delinquent payments.



Loan details


Lenders and lending teams



Loan details