A loan of $2,450 helped to purchase clothing to sell.

Chuluuntsetseg's story

U. Chuluuntsetseg is 29 years old and lives with her husband and son in Arkhangai province, Mongolia. She and her family live in a traditional Mongolian housing tent called a “ger”. Her son, Ganbold, is 5 years old, and is in kindergarten.

Chuluuntsetseg operates a clothing trading business in her town. She started her business in 2006 with working capital of 100,000 tugrugs (~70 USD) and has established her business well in the community over the last three years. She has gained great experience as a businesswoman and has built a loyal customer base. Today, her working capital exceeds 5,000,000 tugrugs (~3500 USD).

Chuluuntsetseg is very hardworking and attributes her success to her good accounting and excellent communication skills. She is optimistic about the future and says, “I am planning to soon expand my business to increase my sales." She is requesting a 3,500,000 tugrug (~2460 USD) loan to purchase clothing items to sell in her business.

Loan details

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Loan details