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A loan of $2,500 helped to buy more clothing to sell to her customers.

Tsedenbyamba's story

Tserenbyamba S. is 28 and lives with her parents and three-year-old son in Uvurhanghay, one of Mongolia's southern provinces. Her parents receive a government pension, but her mother has been ill lately. Although Tserenbyamba has her own one-bedroom apartment in town, she has rented it out to pay for medicine for her sick mother.

After she graduated from university in 2001, Tserenbyamba started a small retail business selling women and men's clothing. Early that year, she opened a small stall in the local market, and in December 2008, she rented another stall in a new shopping center that just opened. She usually buys clothing from the wholesale markets in Ulaanbaatar, the capital of Mongolia. She hopes she can afford all the medicine her mother needs, and would eventually like to open her own clothing shop. Tserenbyamba is applying for this loan to buy more clothing from Ulaanbaatar to sell to her customers.

Loan details

Lenders and lending teams

Loan details