The project

Banzragch runs a business in household and electronic good sales for the last 3 years renting a stall at Uguuj local market in Bayankhoshuu area of Ulaanbaatar city. This is one of the remote areas of the city where this type of goods are less for sale and needs are high. He imports these household and electronic goods from northern neighbor country China for cheap price and supplies the community with reasonable price. 

With a loan of 10 million tugrik, Banzragch will be able to increase his working capital and purchase a car to boost his efficiency being able to load goods by himself.

Lendahand will provide this loan to Banzragch together with local partner VFM. The loan has to be repaid in 24 months.