A loan of $500 helped to buy more underwear.


Gantuya's story

Gantuya G. is 61, married and the mother of two children ages 17 and 21. Her family lives in Ulaanbaatar, the capital city of Mongolia. Both her children are university students. Gantuya has been running an underwear stall at Narantuul, the biggest outdoor market in Ulaanbaatar, since 2000. Since then, her working capital has increased from 500,000 tugrugs ($1 USD=1400 MNT) to 2 million tugrugs. With the profits, she has bought a summer house. She also pays her children's tuition every year. Her husband works as a construction worker and contributes to the family's income. She requests a loan to buy more underwear to increase her business inventory. Gantuya says that "if my children are happy and fully content with their lives, I suppose my dream has come true."



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