A loan of $1,800 helped to purchase inventory for his start-up cobbler business.

Nyamaa's story

Mr. Nyamaa, 23 years old, lives with his wife and daughter in a ger (a traditional Mongolian yurt) in the Govi-Altai province of Mongolia. His wife, Bayanjargal, age 22, is temporarily unemployed after giving birth to their daughter and she stays home to take care of her.

Nyamaa has been an assistant worker in a small private shoe manufacturing business for years. Since they have a newborn and his wife is not working, Nyamaa is planning to start his own business manufacturing shoes at home with his wife. He is requesting a loan of 2,500,000 MNT to purchase starting inventory for his new cobbler business. Nyamaa is a well-behaved, hardworking and responsible man.

Loan details

Lenders and lending teams

Loan details