A loan of $1,075 helped to buy more volume of vegetables during the luner new year period..


Batzul's story

Batzul G. is an energetic, single, young man who runs a vegetable sales business. He lives in a "ger", the traditional nomadic Mongolian house, at the ger district in the Mongolian capital, Ulaanbaatar. His home is situated on land owned by his brother. Since 2000, Batzul has bought a large amount of vegetables including carrots, potatoes, lettuce, beets and onions from the biggest vegetable market, "Bars", located in Ulaanbaatar. He then sells them in a local district market. He wants to invest heavily in his stock for the lunar new year. His monthly income from sales is MNT 2,400,000 to 2,600,000 (about $1,650 USD). This business gives him 20-50% profit on capital. Batzul also plants potatoes and carrots on his own land, which is located out of town.



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