Funded

Total loan: $1,775
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A loan of $1,775 helped to let his wife start a business selling vitamins and nutrients.


Yura's story

Yura is 68 years old and lives with his wife and his son's family in a rented apartment in the Sansar area of Ulaanbaatar city, Mongolia. His wife, Tseyenhorloo, is 59 and retired. She stays home and takes care of her husband and their 33-year-old son, Bathuyag, who works at a local drilling company. Yura's daughter-in-law stays home and takes care of his grandson.

Yura has had a business providing taxi services in the city since 2003, and he is an experienced driver. His wife is planning to start a business selling vitamins and other nutrients in order to increase the family's income, since they have a newborn in the family. Yura is asking for a loan of 3,000,000 MNT to let his wife start her vitamin and nutrient sales business at a rented counter of a market. Yura's family is happy and hardworking.



Loan details

Loan length:

13 months
Disbursed date: August 17, 2013

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: August 17, 2013