A loan of $2,675 helped to buy supplies for her machinery parts trading business.

Dambarentsen's story

Dambarentsen B. is 40 years old and lives with her parents and 10-year-old son in Arhangai province in central Mongolia. She and her family live together in a ger, a traditional Mongolian housing tent. Her son, Barhuu, attends a local secondary school.

B. operates a machinery parts trading business in her town with the help of her brother. She started her business in 2005 with capital of 800,000 tugrugs (~560 USD). Over the years, she has gained much experience in her trade and always tries to grow and improve her business. She has built a stable business and a positive reputation among her customers, and today her working capital exceeds 2,000,000 tugrugs (~1400 USD).

B. is a very open-minded and hardworking person. Her main goal is to provide for her son's education and to help him become a good and responsible person. For the future, she hopes to expand her business, and is requesting a 3,800,000 tugrug loan to buy supplies for her machinery parts trading business.

Loan details

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Loan details