A loan of $1,100 helped to purchase starting inventory from herders at a low price and resell to customers at a higher price.


Erdenesaihan's story

Mr Erdenesaihan is 35 years old and lives with his wife and two daughters in a small house in the Selenge province of Mongolia. His wife Udval, aged 36, is temporarily unemployed and stays at home and takes care of their family. His daughter Hualn, aged 7, goes to the local primary school. His other daughter, Enhjin, who is 4, goes to the local kindergarten. Mr Erdenesaihan has been working part-time as an interior designer in a construction company. He is now starting his own business, a butcher shop, at a rental counter of the local market. His sister-in-law has been running a butcher shop in the same market for over 10 years and she will help him to start his business. He is now requesting 1,500,000 MNT to purchase starting inventory from herders at a low price and sell to customers at a higher price. He is hardworking, a fast learner, and communicates well.



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