A loan of $300 helped to buy shoe heels and other raw materials.

Baasanjargal's story

Baasanjargal Z. is 49, married, and the mother of three sons. Her family lives in Ulaanbaatar, the capital city of Mongolia. She is a professional tailor. Her husband Tsedenbal works as a driver in a private company.

In 1998, she started making and selling Mongolian traditional shoes. Over time, her quality traditional shoe has attracted more and more clients. When she started her business, her working capital was 150,000 tugrugs ($1.00 USD = 1450 MNT), and her average monthly income was 240,000 tugrugs. As a result of hard work and 11 years of experience, Baasanjargal's working capital has grown to 500,000 tugrugs and her monthly average income has reached 800,000 tugrugs.

One of her sons is handicapped and stays at home. Baasanjargal says, "I'm working hard to increase my family’s income since we really need money for my youngest son's medical payments." She adds, "My hope is to have my own shoe-selling stall in the future."

She requests a loan to buy shoe heels and other raw materials to increase her business inventory.

Loan details

Lenders and lending teams

Loan details