Funded

Total loan: $875
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Batbayar

Mongolia
Ulaanbaatar, Mongolia / Grocery Store

A loan of $875 helped to rent a grocery stall.


Batbayar's story

Batbayar is 45 years old, married, and has one child who attends school. She lives in Ulaanbaatar, the capital of Mongolia. The family resides in their own house on plot of land. In 2010, her husband purchased a truck for transportation purpose.

For three years, Batbayar has been selling coal at retail prices by purchasing coal at wholesale prices from the outdoor market. She is requesting a loan for 1,200,000 MNT, which she will use to rent a grocery stall at the trade center. This new business will contribute to her family's income generation. Because the trade center is in a residential area, a lot of people will pass the grocery stall each day.



Loan details

Loan length:

14 months
Disbursed date: February 4, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 4, 2013