A loan of $1,500 helped to purchase vegetables from the countryside producers to sell on in Ulaanbaatar.


Chuluunbaatar's story

Mr. Chuluunbaatar, 38-years-old, lives with his wife and daughter in Ulaanbaatar, the capital city of Mongolia. He has been transporting goods between districts to make a living since 2008. His wife runs a grocery store. Their daughter goes to high school. Recently he has decided to run a new business by buying vegetables from the countryside at lower prices and then later sell them at a higher price. For this cause he is requesting a loan of 2,500,000 MNT to purchase vegetables in large quantities. He will store the purchased vegetables in his basement and sell them in winter, during this time the demand for vegetables increases drastically.



Loan details


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Loan details