Amount of average loan per herder declines - News.MN

Amount of average loan per herder declines

Old News! Published on: 2010.05.13

Amount of average loan per herder declines

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Khan Bank officials have
said there has been a decline in the average indebtedness of a herdsman,
despite the dzud. From MNT1.5 million a year ago, it has come down to
MNT850,000. With prices of meat and other animal products rising, the bank
hopes for more loans to be repaid.

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