A loan of $1,825 helped to purchase start-up equipment and inventory for his new business.


Galmandah's story

Mr. Galmandah is 36 years old and lives with his wife and 3 children in a small house in the Selenge province of Mongolia. His wife Enhtuya is hairdresser in a barbershop. His twins Huslen and Enhminj, age 12 and daughter Namuunaa, age 6 go to local schools. Galmandah has graduated as an electric engineer and worked at various places since then. He is now planning to start his own business for electronic goods repair in a rental place and is requesting 2,500,000 MNT to purchase start-up equipment and inventory for his new business. He is a hardworking, clever and responsible man with a good loan record at XacBank.



Loan details


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Loan details