A loan of $950 helped to purchase more dairy products.

Lhamsuren's story

Lhamsuren P. lives with her husband and three children in Arhanghay, one of Mongolia's central provinces. Two of her children are still students in a local high school and their only daughter is unemployed and stays home.

Lhamsuren has a small retail business selling dairy products. She buys the dairy products, such as milk, cheese and yogurt, from wholesalers in the countryside and resells them for a profit by going door to door in the family car. Since she started her business in 2000, her working capital has increased from 220,000 MNT ($1 USD=1,400 MNT) to 2,000,000 MNT. She has gained significant experience in this type of business. In the future, she would like to have her own shop with a more diverse selection of dairy products.

She is requesting a loan to purchase more dairy products to increase her inventory.

Loan details

Lenders and lending teams

Loan details