A loan of $2,100 helped to purchase raw materials for making shoes.

Oyun's story

Oyun O. is a widow and lives with her youngest son in the Narantuul district of Ulaanbaatar, the capital city of Mongolia. Oyun has a small business making shoes. She makes warm winter shoes for women and men. While she sews shoes at home, her son sells completed shoes in a rented stall in the Narantuul market, the largest open market in Ulaanbaatar.

Oyun has been running her shoemaking business for the last thirteen years and with the profits she has bought a car for her son so he can earn extra income. In his free time, Oyun's son uses his car as a city taxi. Oyun's goal is to ensure that her son will have enough working capital to keep the shoemaking business going after she is too old to work. She requests a loan to purchase raw materials, such as leather and glue for her business.

Loan details

Lenders and lending teams

Loan details