A loan of $1,400 helped loan to purchase more second-hand clothing.

Davaachimeg's story

Davaachimeg is 31 years old and lives with her husband and infant in Bayanzurkh, an eastern district of Mongolia's capital city, Ulaanbaatar.

Davaachimeg started her business in 2004 by selling boots at Narantuul, Ulaanbaatar's largest outdoor market. She has since changed her business to selling second-hand clothes that are imported from South Korea. Over the years she has gained much selling experience and her business is successful. She focuses on being very responsive to customer's demands, thus her goods don't sit long in her stall.

Davaachimeg's husband drives a taxi between UB and Choir, a busy town in southeast Mongolia, and helps his wife out at the market in his free time. Her sister also helps out by watching the baby for them when they are busy with work. For the future, Davaachimeg says "From my business' profits I'm going to start saving for my baby's future. Also, we want to purchase a bigger car." She is requesting a 2,000,000 tugrug loan to purchase more goods.

Loan details

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Loan details