A loan of $2,475 helped to purchase more varieties of jeans.


Chuluundorj's story

Chuluundorj is a 24 year old single man who lives in his own home in Ulaanbaatar, the capital city of Mongolia. He operates a jeans retail trading business in a rented stall in the largest out-door market, Narantuul in the city. He started his business in 2005 with working capital of 1,000,000 tugrug (~700 USD) and a daily profit between 30,000 and 50,000 tugrug (~21-35 USD). Chuluundorj wants to expand his business and save enough money so that he can get married and start a family. He is requesting a 3,500,000 tugrug (~2460 USD) to purchase more varieties of jeans so that he can attract new customers.



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Loan details