100%

funded

Total loan: $775

Erdenechimeg

Flag of Mongolia
Sansar, Ulaanbaatar, Ulaanbaatar, Mongolia / Food

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A loan helped To purchase more candies and sweets.


Erdenechimeg's story

Erdenechimeg B. is 31 years old and lives with her husband and one son in Ulaanbaatar, a capital city of Mongolia. The family lives in a ger, a traditional Mongolian nomadic tent in a rented yard. Her son, age 6, attends a local kindergarten. Erdenechimeg operates a grocery business with help of her husband in the Bayanzurh market. They began this grocery business in 2007 with working capital of 500,000 MNT. After years of work, they could only increase their working capital to 700,000 MNT but still have not built sustainable operation yet. They have used their earnings to provide their family's daily consumption. In the future, they hope to expand their grocery trading business. She says, “All I want is to help my son lead a happy life and have our own home”. She is requesting a 1,000,000 MNT loan in order to purchase more candies and sweets at wholesale price to resell for profits.