A loan of $650 helped to purchase a shoe stand, bed covers, mattresses, and other items to open a hotel.

Taivanjargal's story

Taivanjargal, 37 years old, lives with his wife and daughter in a Mongolian traditional ger (a portable felt dwelling) on a plot of land in Ulaanbaatar, the capital city of Mongolia. He has been offering taxi service to the local community for eight years. His wife is unemployed and his daughter goes to high school.

Taivanjargal and his sister have recently decided to open a hotel. For this business, he is requesting a loan of 1000000 Mongolian Tugriks to purchase necessary items such as a shoe stand, bed covers, and mattresses. Running a hotel will help Taivanjargal generate more income for his family. He is a very hardworking individual who strives for better future.

Loan details

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Loan details