A loan of $1,825 helped to purchase more materials for making traditional Mongolian caps, in time for a surge of demand expected to come from a national holiday of Mongolia.

Batdelger's story

Mr.Batdelger is a 32-year-old, married man, who lives with his two daughters, wife and son, in an outer ger district of Ulaanbaatar city, Mongolia. His neighborhood lacks basic infrastructure. Batdelger's son attends college, while his younger sisters attend a local kindergarten.

Borrower Batdelger is operating a business with his wife, making traditional Mongolian small caps that have a button on top. He said: "Now it's the beginning of the great traditional holiday of Mongolia. Thus, my business became very popular. During this holiday period people wear national clothes, so they buy caps, deels (traditional Mongolian dress) and other traditional Mongolian wear.

He is requesting a 2,500,000 MNT (Mongolian Tugriks) loan to purchase more materials for making traditional caps, such as silk and cotton.

Loan details

Lenders and lending teams

Loan details