Funded

Total loan: $875
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Oyun-Erdene

Mongolia
Hovd, Mongolia / Tailoring

A loan of $875 helped to purchase electric sewing machines.


Oyun-Erdene's story

Oyun-Erdene is 32 years old and lives with her two daughters, father, sister and sibling in Hovd province, Mongolia. She and her family live together in a 'ger', the Mongolian nomadic tent. Oyun-Erdene operates a tailoring business with her sister in their town. Her sister is an experienced seamstress who has worked in Ulaanbaatar, the capital city of Mongolia, for many years, and has trained Oyun-Erdene in tailoring.

Oyun-Erdene started the tailoring business with her sister in 2008, and they have been successfully operating their business since then. They have been planning to rent a workshop beginning in April 2010. Oyun-Erdene is a very hard-working person who has a great business mind. She is requesting a 1,200,000 tugrug loan to increase her working capital and to purchase two electric sewing machines and a lock stitch machine for her business.



Loan details

Loan length:

26 months
Disbursed date: April 6, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: April 6, 2010