Funded

Total loan: $2,450
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Erdenebat

Mongolia
huvsgul, Mongolia / Mobile Phones

A loan of $2,450 helped to purchase a large amount of phone spare parts and other inventory to sell at his stall.


Erdenebat's story

Mr. Erdenebat is 45 years old and lives with his wife and 2 children in a house in the Huvsgul province of Mongolia. His wife is unemployed and stays home taking care of their children. His older daughter, Doljinsuren, studies at a local primary school and the younger child, Dolgorsuren, goes to the local kindergarten.

Erdenebat used to run a retail animal pelt and other materials business in the local market, and he has just finished a course in mobile phone repair. He is now planning to start his own mobile phone business, selling and repairing mobile phones in a rental stall at the local market. He is requesting 3,500,000 MNT to purchase a large amount of phone spare parts and other inventory to sell at his stall. He is a hardworking, diligent and welcoming man.



Loan details

Loan length:

25 months
Disbursed date: May 22, 2013

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: May 22, 2013