Wednesday, December 08, 2010

Kiva loan

Just made a Kiva loan to Gantumur in Mongolia.

Gantumur Tsolmon is 45 years old and lives with his wife and three children in a house in the Selenge province of Mongolia. His oldest daughter and son both attend university, and his youngest son attends a local high school. Gantumur's wife helps him with his business. He operates a vegetable trading business, where he plants and grows a variety of vegetables on his own three hectare field to sell to dealers in the local markets.

He also owns a bee farm, which consists of 19 beehives. During winter months, he keeps his bees in a special cellar, and in May he travels through the countryside to pasture his bees. When he has gone to migrate his bees, his children and wife are responsible for growing the vegetables. He started his vegetable planting business in 1992, and has since built a stable operation. Since 1998, he has been producing honey.

During the past 12 years he has gained a lot of agricultural experience and knowledge of both his businesses. The family sells their seeds and honey during the warm months. They pickle their vegetables and sell those during the winter months. All family members are very hardworking people. Gantumur is a modest and experienced business man and says, "we work very hard during all warm months." He is requesting a 3,500,000 MNT loan to purchase a large amount of seeds while the price for such products is cheap.

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