Funded

Total loan: $2,450
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Enkhtuvshin

Mongolia
Ulaanbaatar, Mongolia / Grocery Store

A loan of $2,450 helped to purchase foodstuffs in large quantities.


Enkhtuvshin's story

Enkhtuvshin, 27 years old, lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He has been running a grocery store since 2011 and has accumulated a vast amount of experience in this field. His acumen, charisma and politeness have helped him to stabilize his business by attracting customers even though the store is not located in a good location. In order to generate more income for his family, he wants to increase the circulating capital of his grocery store. So he is requesting a loan of 3,400,000 MNT to purchase foodstuffs in large quantities. As a result, he can continue to run his grocery store without worrying about an inventory shortage. The borrower is a very hardworking individual who strives for a better future. Also during his free time, he renders taxi service to local people using his automobile.



Loan details

Loan length:

14 months
Disbursed date: March 11, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 11, 2013