Total loan: $3,625
Arkhangai, Arkhangai, Mongolia / Retail
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A loan helped To cover rent and inventory for her newly started clothes, bags and wallet retail business.
Bayarnemeh is a 27-year-old widow who lives with her daughter in her own small house. Her daughter goes to secondary school. Bayarnemeh had been managing a dairy products sales business for some years earlier, and now she stopped that business. Because of the lack of working capital, she is now requesting 5,000,000 MNT to cover rent and inventory for her newly started clothes, bags and wallet retail business. She estimated that the turnover of clothes, wallets and bags would be quicker than dairy products and also more profitable. She wants to increase her working capital and profits in order to improve her own and her daughter's lives. She also wants to save any excess money for her daughter's education and to buy winter clothes to sell. She is a communicative and honest person.