A loan of $1,450 helped to purchase large amounts of food for resale.


Narmandakh's story

Mr. Narmandakh is 31 years old and lives with his wife and two children in Ulaanbaatar, which is the capital city of Mongolia. The family resides in traditional Mongolian ger (portable felt dwelling) on a plot of land. In May of 2012, his wife rented a grocery store and the business is prospering slowly. He has been rendering taxi service to the local people for 9 consecutive years. He is requesting a loan of 2,000,000 MNT to purchase a large amount of food at a wholesale price. As a result, he will be able to help his wife’s grocery store business. This borrower is a very hardworking individual who strives for a better future. In the future, he wants to plant vegetables at an agricultural site and build a house on his plot of land.



Loan details


Lenders and lending teams



Loan details