A loan of $2,250 helped to purchase a large amount of inventory from China to sell to customers and increase sales so he can pay his sons' tuition fees for this academic year.


Erdenebayar's story

Mr. Erdenebayar is 51 years old and lives with his wife and two children in a Ger, a traditional nomadic tent, in Uvurhangai province of Mongolia. His wife Gerelmaa works as saleswoman in a local market. His two sons, Bazarsad and Badraa, are university students. He has been paying his sons' university tuition fees and need to work twice as hard to cover family expense.

He has a general store retail in Soums, a smaller administrative area within the province, and imports inventory from China. He is now requesting a loan of 3,500,000MNT to purchase a large amount of inventory from China to sell to Soum customers. This way, he will increase sales and be able to pay his sons' tuition fees this academic year. He is a hardworking, optimistic and responsible man.



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