Funded

Total loan: $3,850
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Lhagvadorj

Mongolia
Uvs, Mongolia / Clothing Sales

A loan of $3,850 helped to pay his wife's tuition and other costs, and to purchase clothing for resale.


Lhagvadorj's story

Lhagvadorj is 25 years old and lives with his wife and son in a ger, a traditional nomadic tent, in the Uvs province of Mongolia. His wife Odontuya stays home to care for their baby boy, Sergelenbold, who is 12 months old.

Lhagvadorj has graduated as a hospitality manager and has started his own business of clothes retailing in a local market. He is a hardworking and diligent man who has already gained a lot of regular customers and experience over the last few months.

He is now requesting a loan of 6,0000,000MNT to pay the tuition for his wife's master's program and other costs, and to purchase clothing for resale.



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 5, 2013

Lenders and lending teams




Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 5, 2013