Total loan: $2,100


Chingeltei, Ulaanbaatar, Ulaanbaatar, Mongolia / Retail

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A loan helped To purchase more silver products.

Oyuntsetseg's story

Oyuntsetseg T. operates a silver goods and craft business out of a rented stall in a large store in the city. She is 34 years old and lives with her husband and four daughters in the Chingeltey district of Ulaanbaatar, the largest city and capital of Mongolia. She and her family live together in a small house. Her husband currently works as a decorator, her oldest daughters attend the local secondary school, and the youngest two haven't yet reached school age.

T. started her business in 2004 after previously working as a salesperson for two years. Her business has been quite successful and her earnings have allowed her to build a house for her family and extend their yard. Today, her working capital exceeds 1,000,000 tugrugs (~700 USD). She continues to work hard to grow her business and expand her customer base. She is requesting a 3,000,000 tugrug (~2100 USD) loan to purchase more silver products for her business.