Funded

Total loan: $1,050
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Batkhuu


A loan of $1,050 helped to purchase food stuffs in large quantities.


Batkhuu's story

Batkhuu, 46 years old, lives with his wife and two sons in Ulaanbaatar, the capital city of Mongolia. The family resides in a traditional Mongolian ger (portable felt dwelling) next to their own grocery store. His elder son studies at university while his younger son goes to high school. He has a leg disability and uses crutches. Due to his disability, he gets a pension from the state and his wife executes the role of caretaker. In 2012, he rented a counter at an outdoor market and began selling additives such as ketchup, mayonnaise, pepper, garlic, onion and curry. He is requesting a loan of 1500000 MNT to purchase food stuffs in large quantities, so that he and his wife can run their grocery store without worrying about stock shortage. This one family is a perfect example of how a simple loan can change one's life.



Loan details

Loan length:

15 months
Disbursed date: June 20, 2013

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: June 20, 2013