Funded

Total loan: $2,125
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Regzenlham


A loan of $2,125 helped to purchase more fashion accessories for re-sale.


Regzenlham's story

Regzenlham D. lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. Her two children are high school students. Regzenlham has a small retail business selling women’s fashion accessories such as earrings and necklaces.

In 2000, she rented a stall in the Narantuul market, the largest open market in Ulaanbaatar. Since then her business has expanded and her working capital has increased from 2,500,000 MNT (1 USD=1,500 MNT) to 4,500,000 MNT. Her husband is also involved in her small business. When she travels to Ereen, China (a border town where cheap goods enter Mongolia) to purchase elegant women’s fashion accessories, her husband runs her stall.

Regzenlham and her husband hope to send their two children to universities of their choice. She requests a loan to purchase more fashion accessories from Ereen to increase her business inventory.



Loan details

Loan length:

20 months
Disbursed date: April 3, 2009

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: April 3, 2009