Total loan: $900


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Ulaanbaatar, Ulaanbaatar, Mongolia / Clothing

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A loan helped to increase working capital.

Ganchuluun's story

Ganchuluun is a 45-year-old single mother who lives with her son and mom in Ulaanbaatar, the capital city of Mongolia. They live in a ger, a traditional Mongolian nomadic tent, on her brother’s plot of land. Her son Tsogbadrakh is 22 and currently employed at Ochir Aldar LLC as a sales manager. Her mother is retired. Ganchuluun has been running a retail clothing business for many years. She rents a stall at Narantuul market, the biggest market in Ulaanbaatar. Ganchuluun buys her products from wholesalers who import them from China. She is a very hardworking and persistent person. Ganchuluun is requesting a loan to increase her working capital. In the future, she hopes to improve her family’s living conditions by expanding her business.