Funded

Total loan: $2,125
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Munkhzul

Mongolia
Ulaanbaatar, Mongolia / Spare Parts

A loan of $2,125 helped to open a second automobile spare parts shop.


Munkhzul's story

Mr. Munkhzul, 41 years old, lives with his wife and two children in Ulaanbaatar, capital of Mongolia. The family resides in a rental apartment. He has been selling automobile spare parts since 2011 and has accumulated a vast amount of experience in collecting his products from Korea and selling them to customers. Before this business, he worked in Korea on an employment contract between Mongolia and Korea.

Munkhzul is requesting a loan of 3,000,000 MNT to purchase spare parts from Korea in order to expand his business by opening a second shop. As a result, he will be able to generate more income for his family and invest in his children's university education. The borrower is very hardworking individual who values his family above all.



Loan details

Loan length:

14 months
Disbursed date: May 3, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 3, 2013