Funded

Total loan: $1,400
Powered by 35 lenders

Bolathan

Mongolia
Hovd, Mongolia / Agriculture

A loan of $1,400 helped to buy seeds and soil for the planting season at his organic vegetable farm.


Bolathan's story

Mr. Bolathan is 56 years old and lives with his wife in a ger (traditional felt tent) in the Hovd province of Mongolia. His wife Sailau helps her husband to run their family business of growing and selling organic vegetables. Bolathan and his family have been growing and selling organic vegetables on his plot of land since 1996, and they have gained a lot of experience in the business. He has built close relationships with retailers in local markets over the years and sells his products to them. He is now applying for a loan of 2,000,000 MNT to buy seeds and soil for the planting season. He is planning to plant more organic vegetables this year, to increase his family income.



Loan details

Loan length:

13 months
Repayment schedule: Irregularly
Disbursed date: May 21, 2013

Lenders and lending teams



Loan details

Loan length:

13 months
Repayment schedule: Irregularly
Disbursed date: May 21, 2013