A loan of $2,150 helped to purchase more clothes to sell and increase his working capital.

Munkhbat's story

Borrower Munkhbat is a married 32-year-old man who lives in outer ger district which lacks basic infrastructure of the Ulaanbaatar city of Mongolia. He lives with his wife and two sons. Both of them attend secondary school.

He had worked as a serviceman and decided to start his own business with his spouse. He started his clothing stall business at one of the largest indoor markets located in outer ger district last March. Now he has about 4 million Mongolian tögrög (MNT) in working capital.

He really wants to increase his working capital and improve his business since his business income is the only income in his family. He is requesting a 3.000.000 MNT loan to purchase more clothes to sell in his small stall ad increase his working capital.

Loan details

Lenders and lending teams

Loan details