The project

Galbadrakh runs a business in wood sales for the past 15 years in the capital Ulaanbaatar city. Firstly, he used to sell at the Khyalgant local market renting a small space but today he rents area with large space at the market and increased types of his products for sale. 

With a loan of 5 million tugrik, Galbadrakh will be able to enhance his working capital and purchase big order. Moreover, he has plans to purchase a truck for distribution and hire an additional employee to increase business efficiency.

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