A loan of $2,700 helped to purchase a large amount of organic salt (produced from Uvs lake) to transport to the capital city to offer for sale.


Nyamgalya's story

Nyamgalya, age 54, provides transportation services to earn an income. He lives with his wife Oyun and their two daughters in a "ger" (a traditional Mongolian family tent dwelling) in the Uvs province of Mongolia. Oyun is retired and stays home, focusing on taking care of the family. Their daughters, Chagtsalmaa and Badamsumber, are university students. Nyamgalya runs his inter-city transportation service from Uvs to Ulaanbaatar, the capital city of Mongolia. He transports organic salt (made from Uvs lake in Uvs province) to Ulaanbatar, where he offers it for sale. He then brings a variety of goods for other local customers back to Uvs province. He is known as a hard-working, modest, and courteous person. Since both his daughters attend university, Nyamgalya needs to increase the family income so that he can cover their educational expenses. He is therefore requesting a loan in the amount of 4,000,000 MNT, which he will use to purchase a large amount of organic salt produced from Uvs lake, which he will transport to the capital city to offer for sale.



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Loan details