A loan of $1,600 helped to purchase more second-hand clothes.

Alttsetseg's story

Alttsetseg is a widow and the mother of three children. She and her family live together in a ger, the Mongolian nomadic tent. Her oldest daughter, aged 14, attends a local secondary school. Her two youngest daughters, aged 12 and seven, attend a local primary school. Alttsetseg operates a second-hand products trading business at a market called Yalalt. She has been operating her business since 1995, and has gained significant experience and steadily expanded her business.

Since Alttsetseg's husband passed away, she has been operating her business and taking care of her family on her own. She is a very hard-working person and is optimistic about the future. To save on transportation costs, she purchases her products with other traders. Alttsetseg purchases her products once or twice a month and spends 800,000 – 1,200,000 tugrugs (~570 – 860 USD) per purchase. As her business is the only source of income for her family, it is very important to her. She says, “As prices have increased, being in business requires more working capital. I will operate my business from one shipping container until my daughters have grown up.” She is requesting a 2,200,000 tugrug (~1570 USD) loan to purchase second-hand products for summer which she will sell from her shipping container.

Loan details

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Loan details