A loan of $4,125 helped to pay his older children's university tuition fees and invest in the business to increase the family income.


Dugerjav's story

Mr. Dugerjav is 49 years old and lives with his wife and 5 children in a Ger (traditional nomadic tent) in Uvs province of Mongolia. His wife, Norov, runs their family business of groceries store. His older 2 children are university students in Ulaanbaatar city, and his younger 3 children attend local schools.

Dugerjav has started their family business of groceries store with his wife in 2000. He has purchased second-hand car using XacBank loan, and started providing taxi service business in town while his wife takes care of the groceries store.

Since their 2 children have become university students, the family expenses increased a lot. He has been working harder than ever. He is now requesting loan of 7,000,000 MNT to pay his older children's university tuition fees and invest in the business to increase their income.

He is an enthusiastic man who says "If you think you can, you should try no matter what."



Loan details


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Loan details