A loan of $1,400 helped to purchase a large amount of secondhand products.


Uurtsaih's story

Uurtsaih is 30 years old and lives with her daughter in Tuv province, Mongolia. She and her daughter live together in a ger, the traditional Mongolian housing tent. Currently, she operates a secondhand product trading business at Tsaiz market, one of the most crowded markets in Mongolia. Uurtsaih sells secondhand products such as clothing and blankets at her counter, which is in a good location. She started her business in November 2009 with a working capital of 500,000 tugrugs (~ 352 USD), and she has steadily expanded her business. Presently, Uurtsaih's working capital exceeds 1,400,000 tugrugs (~ 985 USD). Originally, before she started her own business, she worked as a salesperson in a grocery store that belongs to a person named Munhjargal. Uurtsaih has gained much experience in previous years and she is a very hard working person. Uurtsaih says, “I would like to expand the production line and expand my business.” She is requesting a 2,000,000-tugrug loan to purchase a large amount of secondhand products at wholesale to resell them for a profit.



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Loan details