Funded

Total loan: $1,725
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Otgonbayar

Mongolia
Selenge, Mongolia / Farming

A loan of $1,725 helped to purchase soils and seeds for his plantation and tools for his wife to start her business.


Otgonbayar's story

Mr.Otgonbayar is 62 years old. He lives with his wife and son in a small house in the Selenge province of Mongolia. His wife, Oyuntsog, is retired from an eastern medical center. His son, Onontuul, is 28 and works at a local company.

Since 1990, Otgonbayar has been growing organic vegetables. He started this for family use and expanded it into a business. Now they sell their vegetables to retailers at the local market. His wife is planning to start her own business as a medical service provider in a rental place.

Otgonbayar is now requesting a loan of MNT 2,500,000 to purchase soils and seeds for his plantation and tools for his wife to start her business. Otgonbayar's family are hard-working and responsible people.



Loan details

Loan length:

25 months
Disbursed date: June 5, 2013

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: June 5, 2013