Total loan: $1,725
Kherlen, , Mongolia / Retail
Ariungerel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to open a second aquarium shop.
Mrs. Ariungerel is 40 years old and lives with her three children in Kherlen, an eastern town of Mongolia. The family resides in a Mongolian traditional ger (portable felt dwelling) on fenced land. Her eldest child studied mechanical engineering at university and now stays at home, looking for job. Her second child studies at university and the other one stays at home. She herself has been running an aquarium shop for two years and has attracted numerous customers to her business. She is requesting a loan of 2400000 MNT to purchase fish, feed, aquariums and filters for a new branch. After opening her second aquarium shop, she can generate more income for her family and invest in her children's education. The borrower is a very hard-working individual, who is now carrying the entire family on her shoulders.