Total loan: $1,475


Uvs, Uvs, Mongolia / Clothing

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A loan helped to purchase clothing inventory.

Uranchimeg's story

Mrs. Uranchimeg is a 45-year-old entrepreneur who lives with her family of 5 in their Ger, which is a traditional nomadic yurt. They live in Uvs Province, Mongolia. Her husband helps her to run the family business of clothing retail in the local market. Her older daughter works at a local company and her younger son and daughter are university and secondary school students, respectively.

Uranchimeg started her business at a rental booth in the local market in 2005. She gained a lot of experience and regular customers over the years. She is a talkative, hardworking, and determined woman who is now requesting a loan of 2,500,000 MNT. She will use this to purchase inventory for mobile sale, to reach a larger number of customers, and to sell at her counter.