A loan of $2,525 helped to purchase more clothes for her business.


Gerelmaa's story

G. Gerelmaa is a 42 year old single mother who lives with her two children in Arkhangai province in central Mongolia. She and her two sons live in a ger, a traditional Mongolian nomadic tent. Her oldest son currently attends university and the youngest is in kindergarden. Gerelmaa operates a clothing retail business out of a rented stall at the local market. She started her business in 2008 with the capital of 2,000,000 tugrugs (~1400 USD). She has found success in her trade and has used her earnings to support her family and pay her son's tuition fees. Today, her working capital exceeds 3,000,000 tugrugs (~2100 USD). In the future Gerelmaa hopes to continue her success and grow her business. She is requesting a 3,600,000 tugrug (~2530 USD) loan to purchase more clothes for her business.



Loan details


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Loan details