A loan of $425 helped to buy a cloth-cutting machine.

Amgalan's story

Amgalan A., a 43-year-old married mother of one son attending elementary school, lives with her family in a "ger" (a nomadic Mongolian tent) in Ulaanbaatar, the capital city of Mongolia. In 2004, after having worked for a tailoring company for 16 years, she and her husband Tugsbileg started a family tailoring business, beginning with one sewing machine and 300,000 tugrugs ($1.00 USD=1450 MNT) in working capital. Amgalan gained many repeat clients in a short period of time because of her quality work, and as the number of her clients increased, she hired a tailor and bought another sewing machine. Her business capital has increased to 1,200,000 tugrugs, and average monthly income has reached 750,000 tugrugs.

With this loan, Amgalan will buy a cloth-cutting machine. Her dream is to help her son attain a quality education and be a good person.

Loan details

Lenders and lending teams

Loan details