A loan of $1,450 helped to purchase necessary materials used for cookies and cakes.

Otgonkhuu's story

Mr. Otgonkhuu, 23 years old, lives with his family in Ulaanbaatar, capital city of Mongolia. His mother is retired from work and now he renders taxi service to local people. On the same plot of land, his sister lives with her family. His sister buys coal at wholesale prices and sells it to customers at retail prices. During the holidays she bakes cake and cookies and sells them to local people.

Soon in Mongolia, a national holiday known as 'white moon' will be celebrated and it is the best period for increasing her income. So our borrower Otgonkhuu is requesting a loan of 2,000,000 MNT to help his sister to get necessary raw materials used for preparing cookies and cakes. As a result, the family can generate more income for their young ones’ education and also can contribute to local economic development.

Loan details

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Loan details