Total loan: $2,450
Songinohairhan, Ulaanbaatar, Ulaanbaatar, Mongolia / Food
Flag of Mongolia
Naranhuu's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To improve her store and repair her car.
Naranhuu is 59 years old and lives with her two children in an apartment in the Songino-Hairhan district of Ulaanbaatar, the capital of Mongolia. Her daughter is disabled and her son is in primary school. She makes a living by owning and operating a grocery store where she sells a variety of food items to her customers. She opened the store in 2006 and has since built it into a successful and stable business. Today her daily average income exceeds 250,000 MNT and her monthly profit is between 400,000 and 500,000 MNT. She has one employee who is a salesperson and earns 300,000 MNT a month. Naranhuu is very hard working and determined to achieve her goals. She says, "I plan to repair my car in the near future." She is requesting a 3,000,000 MNT loan to improve her store and to buy a new refrigerator with glass door for groceries.