A loan of $2,825 helped to buy equipment and raw materials.

Tumruu's story

Tumruu D. is a married woman who, together with her husband, Erdenehuu, lives in a "ger" (nomadic housing tent) district on the plot of land they own in Arhangay, one of Mongolian central provinces. All her children are living apart with their own families.

Since 2006, with her sibling, Tumruu has been running a dry-cleaning service in a rental place. When she began running her business, her working capital was 5.5 million tugrug (1 USD = 1,100 MNT in 2006). During the last three years of hard work, her capital has increased by 2 million MNT. Tumruu's husband helps his spouse's business if he has time.

During the interview with credit staff Tumruu says that her wish is to have her own place to run her business, since paying a rent fee every month is tough. With this loan she plans to buy new equipment and raw materials for her dry-cleaning business.

Loan details

Lenders and lending teams

Loan details